In a very positive trading update, Fulcrum has confirmed it has performed strongly in H1 (to September). Underlying performance and cash generation have continued to improve, resulting in both EBITDA and net cash expected to be materially ahead of market expectations for the full year 2017. In addition, the group is entering the meter asset manager market to own and operate gas meters. Fulcrum had already more than doubled its market opportunity with its move from its existing £300m gas

28 Sep 2016
Improved performance , new market potential

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Improved performance , new market potential
- Published:
28 Sep 2016 -
Author:
Guy Hewett -
Pages:
8 -
In a very positive trading update, Fulcrum has confirmed it has performed strongly in H1 (to September). Underlying performance and cash generation have continued to improve, resulting in both EBITDA and net cash expected to be materially ahead of market expectations for the full year 2017. In addition, the group is entering the meter asset manager market to own and operate gas meters. Fulcrum had already more than doubled its market opportunity with its move from its existing £300m gas