European Carrier-neutral data center provider TelecityGroup said in its full-year 2013 results released today that it has secured permissions and agreements to expand its Amsterdam 1 site (AMS 1) and plans to open the redeveloped site in 2016.

The provider said it saw a 15% increase in revenue to GBP£325.6m in the year ending December 2013 from £283m in 2012.

Profit after tax for the company increased by 17.2% to £74.2m in 2013 compared to £63.3m in 2012.

Investment capital expenditure for 2013 was £92m compared to higher investment of £131.5m in 2012.

For its 2014 outlook the company said its total capital expenditure is expected to range from £110m to £130m per annum in the medium term.

Its UK results show a 4.7% increase in revenue to £143.9m in 2013 from £137.5m in 2012.

The operator said following the opening of its Joule House facility in Manchester and the expansion of capacity at its Powergate and Harbour Exchange facilities in London in 2012 it has been able to achieve a consistent level of order wins throughout 2013.

The company’s revenue in its operations in the rest of Europe (RoE) saw an increase of 24.9% to £181.6m from £137.5m in 2012.

Telecity opened new capacity in its Dublin, Helsinki and Frankfurt facilities during 2013.

TelecityGroup’s CEO Michael Tobin said the group made “good” progress in 2013 following “successful” entry into three new markets.

“We look forward to capitalising on the opportunities 2014 offers. We will continue to grow the company, with a strong focus on value creation through profitable growth, disciplined capital allocation and returns to shareholders. Following a rigorous search, we have a shortlist of strong candidates for the position of Chief Financial Officer,” Tobin said.