17th May 2022 14:33
Sureserve Group PLC - Basildon, Essex-based compliance and energy services, focused on UK public sector - Posts higher profit for the six months ended March 31. Pretax profit rises to GBP4.3 million from GBP3.2 million a year ago. Revenue grows to GBP126.2 million from GBP101.8 million.
Order book surges to GBP512.1 million from GBP340.9 million, up 50%. Sureserve sees itself positioned to "deliver clear growth in our market-leading social housing energy services businesses," it says. Expects continued momentum into full year due to "high revenue visibility from long-term, regulatory-led local authority and housing association contracts".
Current stock price: 82.61 pence, down 2.8% on Tuesday
12-month change: up 0.7%
By Tom Budszus; [email protected]
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