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IN BRIEF: Sureserve shares soar on expected revenue and earnings rise

7th Oct 2021 10:54

Sureserve Group PLC - Basildon, Essex-based compliance and energy services firm - Says it has seen strong growth in revenue, earnings and cash flow in the 12 months to September 30. Expects results to be in line with management's expectations. Order book is 30% higher than last year's GBP356 million. "This performance demonstrates the resilience and continuing demand for our services which are non-discretionary in nature and driven by mandatory inspections and accreditation requirements, alongside services which form a critical part of the government's growing green agenda," says company.

"I am pleased to report that the financial year to 30 September 2021 saw the gradual return to the pre-Covid levels of full trading across the group," says Chair Nick Winks.

Results for the financial year will be released on January 25.

Current stock price: 78.48 pence, up 12% on Thursday morning

Year-to-date change: up 23%

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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SUR.L
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