Driver Group performance 'much improved' since fundraising
Driver Group
24.50p
16:55 03/05/24
Specialist commercial and dispute resolution services provider to the construction and engineering industries, Driver Group, updated the market on its half year to 31 March on Friday.
FTSE AIM All-Share
771.53
17:14 03/05/24
Support Services
10,662.27
16:54 03/05/24
The AIM-traded firm issued the trading update as investors gathered in the City of London for the company’s annual general meeting, taking place later in the day.
“The board is pleased to confirm that since the equity fundraising announced in mid-February the group's underlying trading performance has remained much improved on the equivalent period last year and consistent with market expectations for the year as a whole,” it said in the update.
“Group net debt at the interim period end was approximately £3.5m.”