Sureserve Group PLC - Basildon, Essex-based compliance and energy services, focused on UK public sector - Posts higher profit for the six months ended March 31. Pretax profit rises to £4.3 million from £3.2 million a year ago. Revenue grows to £126.2 million from £101.8 million.
Order book surges to £512.1 million from £340.9 million, up 50%. Sureserve sees itself positioned to ‘deliver clear growth in our market-leading social housing energy services businesses,’ it says. Expects continued momentum into full year due to ‘high revenue visibility from long-term, regulatory-led local authority and housing association contracts’.
Current stock price: 82.61 pence, down 2.8% on Tuesday
12-month change: up 0.7%
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