The Group has issued a post-close trading update that highlights an expected EBITDA outturn for FY23 of approximately £2m, a substantial improvement on FY22’s EBITDA loss of £0.9m. This EBITDA outturn, benefiting from a 72% increase in order intake, compares to guidance of £2.2m to £2.5m issued with the interim results in June 2023. The shortfall is the result of revenue on a small number of projects slipping into the first quarter of FY24. In terms of the outlook, management now expect revenue ....
