Restore Share Discussion Threads

[wad collector] 04/7/2023 09:25

Ouch that is a falling knife . TU was bad but hard to say how bad particularly when combined with CEO departing.

[complex machinery] 04/7/2023 09:18

It could be worth a trade here.

[elsa7878] 04/7/2023 08:47

Is this another business at risk from AI. Not the shredding business but the document management side. Any views?

[kalai1] 17/3/2023 14:36

Restore Plc posted FY22 results yesterday titled “Achieving continued growth and demonstrating strength”. And that is exactly what they showed, revenue increased by 19.1% to £279m, adjusted EBITDA was up 9.8% to £81.5 million, adjusted profit before tax increased 7.6% to £41.0 million and statutory profit before tax was 1.3% higher at £23.3 million. The Group enjoyed solid organic and acquisitive growth despite challenging macroeconomic conditions with five acquisitions successfully completed for total consideration of £12.3 million. Net debt at period end was £103.5 million and the leverage ratio was a little lower at 1.7x from 1.8x at end 2021. Valuation is average, the share price lacks momentum for the time being, there is no rush to buy. But the business has a track record of solid growth and decent profitability, it is a share worth monitoring for the time being...

...from WealthOracle

[wad collector] 01/2/2023 19:49

Go away ramper.


Good buy starpukka you were sharp on that one.

[starpukka] 26/1/2023 15:57

Bought in today @ 300.

[cwa1] 26/1/2023 10:24

New major holder...

[cwa1] 25/1/2023 11:05

Restore plc (AIM: RST), the UK's leading provider of digital and information
management and secure lifecycle services, will announce its customary trading
update for the year ended 31 December 2022, on Wednesday 1 February 2023.

[cwa1] 19/1/2023 17:33

Hefty volume by RST's normal standards today

[cwa1] 22/11/2022 07:19

Trading Update:-



Recent trading has continued the positive momentum seen through the first half with significant contract wins and expansion in activity levels. Revenue is performing strongly with the second half to date tracking well ahead of the same period in 2021. EBITDA also continues to show strong growth despite the macroeconomic pressures of inflation and the uncertain commercial environment. Restore Technology is also growing strongly albeit at a lower rate than planned due to a slowing in the IT equipment market, associated with current global supply chain issues.

[cwa1] 08/11/2022 15:24

Signs of life?

[cwa1] 30/9/2022 07:38

Big-and prestigious-contract win announced this morning:-

30 September 2022

Restore plc

("Restore" or the "Group" or "Company")

Significant contract win with the BBC

Restore wins largest contract in its history

Restore (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, is pleased to announce that the Group has signed a contract with the UK's national broadcaster, the BBC. The contract is to manage the BBC's archive of entertainment related assets, with an expected value of GBP22 million over ten years. The contract award is the largest in Restore's history.

[albert arthur] 28/7/2022 08:37

Yeah, maybe something to do with the acquisition early last year.. presentation at 09:30am

[cwa1] 28/7/2022 08:14

Happy it has gone up but 4% is not exactly shareholder largesse!

Though I suppose the net debt increasing by 13% and increased financing costs may have something to do with that.



OUTLOOK



The Board is pleased with the Group's strategic progress during H1 and the delivery of sustained organic momentum and successful integration of acquisitions made during the last 18 months.



Management remain confident that the Group will deliver strong growth for FY22, with activity levels increasing and pricing adjustments offsetting cost increases. However, rising interest rates are leading to higher finance charges and it is anticipated that interest costs will be £1.0 million to £2.0 million greater than planned for the year.



Looking further ahead, the critical services that the Group provides in digital transformation, information management and secure lifecycle services are in high demand and Restore is in a strong position to capitalise on its market leading positions. The Group's strategy to grow through organic expansion, strategic acquisition and margin improvement remains on track to deliver a larger, responsible and highly profitable business in the medium term.



CHARLES BLIGH, CEO, commented:



"I am delighted with the growth achieved in the first half which demonstrates that our strategy and execution is on track. Across the Group we are seeing increasing sales activity and significant customer contract wins. Our staffing levels have grown substantially in the last 6 months in order to support delivery and I want to thank the whole team for doing such a great job and ensuring customer experience continues to be at the heart of what we do.



In addition to our confidence in future organic growth, we have a well developed pipeline of acquisition opportunities and, with our strong balance sheet, we are looking forward to completing further investments in H2 and continuing to deliver great results for our shareholders and customers."

[albert arthur] 28/7/2022 07:42

Dividend going up in this market is great...

[18bt] 28/7/2022 07:32

Suspect the market will be slightly disappointed despite the big increases. It was expecting a bigger div increase. The rating is reasonably demanding at 16-17x.

[albert arthur] 27/7/2022 13:33

Nice volume today... expect good results tomorrow...

[cwa1] 15/6/2022 18:12

15 June 2022

Restore plc

("Restore", the "Company", or the "Group")

Director/PDMR Shareholding

Restore plc (AIM: RST), announces it has been notified that on 13 June 2022 a person closely associated with Charles Bligh, Chief Executive Officer, purchased a total of 2,031 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at a price of 443 pence per share.

Following this transaction, Mr Bligh and persons closely associated with, holds a beneficial interest in a total of 34,410 Ordinary Shares.

[george stobbart] 28/4/2022 09:15

this one is another takeover candidate. big PE money are looking to get into the space

[tole] 18/3/2022 17:52

https://masterinvestor.co.uk/equities/taking-a-bullish-small-cap-look-at-mpac-cau-nwor-and-idox/Restore (LON:RST) – further growth expected this year and nextThis group is seen as the UK's leading provider of digital and information management and secure lifecycle services.The year to end December 2021 saw it report a 28% rise in revenues to £234.3m and a 64% improvement in adjusted pre-tax profits at £38.1m. Earnings came out at 8.7p, showing an incredible 4,250% increase on the year, and still covering a useful 7.2p (nil) dividend per share.Strong organic growth together with the boost of eight successful acquisitions certainly drove record results to the bottom line.It would appear that the 2021 momentum has carried on into the current year, with improving margins and sales.Furthermore, it seems that further acquisitions are being progressed too.Charles Bligh, the group CEO, is confident of further success this year and beyond.The group's shares closed up last night at 450p, but still 138p below their High within the last year.Hold tight.

[cwa1] 16/3/2022 08:22

Full Year 2021 Audited Results - Exceeding expectations



Strategic M&A and organic growth driving Restore

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, is pleased to provide its audited results for the year ended 31 December 2021.

Restore reached a record financial performance in 2021 through the successful delivery of its strategy centred on strong organic growth, margin expansion and eight acquisitions across four business units.