Reacts final results were well flagged in the year end update, reporting adj. EBITDA of £1.0m (FY21: £0.8m, SCMe: £1.0m) and adj. PBT of £0.7m (FY21: £0.7m, SCMe: £0.8m), in line with expectations. 2022 was a year of significant progress for React, with the acquisition of LaddersFree in May 2022 the most notable event. This acquisition materially enhances the Groups earnings and, alongside strong recent contract win momentum, supports significant expected earnings growth in FY23. Strong momentum ....
07 Feb 2023
Strong conclusion to FY22; Record Q1 performance
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Strong conclusion to FY22; Record Q1 performance
REACT Group Plc (REAT:LON) | 68.5 0.7 1.5% | Mkt Cap: 14.8m
- Published:
07 Feb 2023 -
Author:
Greg Poulton -
Pages:
3
Reacts final results were well flagged in the year end update, reporting adj. EBITDA of £1.0m (FY21: £0.8m, SCMe: £1.0m) and adj. PBT of £0.7m (FY21: £0.7m, SCMe: £0.8m), in line with expectations. 2022 was a year of significant progress for React, with the acquisition of LaddersFree in May 2022 the most notable event. This acquisition materially enhances the Groups earnings and, alongside strong recent contract win momentum, supports significant expected earnings growth in FY23. Strong momentum ....