6th Mar 2014 12:19
LONDON (Alliance News) - Regenersis PLC said Thursday that it had secured new business wins, which it expects to have an annualised revenue of at least GBP10 million upon reaching their full run rate, in its second-half.
Regenersis provides outsourcing services for consumer technology companies.
The company secured a number of new business wins in its Renew division that will begin in the second-half of the current year. Regenersis cites one deal in particular with a mobile network operator in Germany that it expects will, "contribute to significant revenue and profit growth in the financial year 2015."
Regenersis has also won several other contracts to be fulfilled by its refurbishment facilities in Romania, Scotland and Sweden.
"In the Board's view, these latest developments provide an even more encouraging outlook for further good growth in financial year 2015," said Executive Chairman Matthew Peacock in a statement.
Shares in Regenersis were trading up 8% at 367.30 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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