Sureserve expects FY to meet expectations
Sureserve Group
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Compliance and energy services group Sureserve said on Tuesday that its business had continued to show "resilient growth" in revenue, earnings and cash flow and now expects to deliver full-year results in line with expectations.
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Sureserve said it was seeing "identifiable market opportunities to grow" and was now investing "significantly" in apprenticeship and training schemes to foster talent and expertise within the business.
The AIM-listed firm added that a £3.0m year-end net cash balance and its "good degree of forward visibility" thanks to an order book of £375.0m and recurring cash flows had enabled it to consider reinstating its sustainable dividend policy.
Chairman Bob Holt said: "I am happy to report that the group is delivering a consistently strong performance, which highlights the nature of the essential services we provide to homes and communities."
As of 1055 BST, Sureserve shares were up 4.81% to 54.50p.