Sureserve reports 'strong' demand at year-end

Compliance and energy support services provider Sureserve updated the market on its trading for the financial year ended 30 September on Friday, reporting that demand for its services continued to be “strong”.

The AIM-traded firm said that was on the back of its reputation for the delivery of quality services, and market leading positions in the highly-regulated public sector gas maintenance and energy management sectors.

“Both operational and financial performances have been strong in the second half of the year, and the board is pleased to confirm that the pre-tax profits for the year just ended will meet management's expectations,” the Sureserve board said in its short statement.

It also said that chief operating officer Michael McMahon had decided to resign for personal reasons, with Bob Holt set to fulfil McMahon’s role during the interim period while the board structure was reviewed.

“The board wishes to record its thanks to Michael for his service.”