Fulcrum has confirmed that it has met all of the conditions associated with the ESP asset sale, which is expected to complete in FY20. The deal will significantly strengthen the balance sheet, generating £17m of initial proceeds, with further significant proceeds to follow as the order book is built out. The Board also confirms that it expects FY20 trading to be in line with expectations, implying a significant bounce back in H2 trading (FY20E EBITDA of £1.4m/£3.6m in H1/H2). The outlook is supp ....
