REACT Group plc (REACT), the leading specialist cleaning and decontamination group, has announced an update for the year to end September 2021 which included a full six months of Fidelis. With organic revenue growth running at c.20%, including the REACT business and Fidelis, the Board stated that the Group achieved c.77% growth in revenues to c.£7.7m and adjusted EBITDA of between £725,000 and £775,000. This EBITDA figure is, however, below our earlier forecast as a result of a period of tempora ....
28 Oct 2021
Modest reduction to forecasts but outlook remains positive
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Modest reduction to forecasts but outlook remains positive
REACT Group Plc (REAT:LON) | 76.0 1.5 2.7% | Mkt Cap: 16.4m
- Published:
28 Oct 2021 -
Author:
Ian Jermin -
Pages:
3
REACT Group plc (REACT), the leading specialist cleaning and decontamination group, has announced an update for the year to end September 2021 which included a full six months of Fidelis. With organic revenue growth running at c.20%, including the REACT business and Fidelis, the Board stated that the Group achieved c.77% growth in revenues to c.£7.7m and adjusted EBITDA of between £725,000 and £775,000. This EBITDA figure is, however, below our earlier forecast as a result of a period of tempora ....