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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
React Group Plc | LSE:REAT | London | Ordinary Share | GB00BPCTRB97 | ORD 12.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 1.48% | 68.50 | 67.00 | 70.00 | 68.50 | 67.50 | 67.50 | 5,030 | 10:10:34 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Bldg Clean & Maint Svc, Nec | 19.58M | 50k | 0.0000 | N/A | 731.34M |
TIDMREAT
RNS Number : 1030W
React Group PLC
10 November 2017
REACT GROUP PLC
10 November 2017
Trading Statement
The Board of React Group PLC, the specialist provider of rapid response deep cleaning and emergency decontamination services, makes the following trading statement for the year ended 30 September 2017.
The unaudited numbers (based on management accounts) were very disappointing, with revenue of around GBP2.65m and a pre-tax loss of around GBP400,000. This loss contains circa GBP30,000 resulting from the closure of EPUK, which was announced in December 2016, and some other one-off other costs including those arising from the restructuring of the Board (see previous RNS notifications on 11 September, 18 September, 2 October and 27 October).
The Company's cash position at 30 September 2017 was GBP629,000.
Over the past few months the new management team has put in place a number of significant cost savings and better overall financial controls. Trading in the second half has started to show signs of improvement and the new team is being invited to tender for more contracts than in the past.
REACT Group plc
Gill Leates - Chairman 07799 662642
SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin 0113 370 8974
Mark Brady 0113 379 8971
Whitman Howard Limited (Broker)
Nick Lovering 0207 659 1224
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTOKCDKOBDDNDK
(END) Dow Jones Newswires
November 10, 2017 02:00 ET (07:00 GMT)
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