30 July 2015 – acquisition and trading update
APC has announced a small acquisition with the purchase of EEVS Insight Ltd for £164k. The latter is one of the UK’s leading independent providers of performance analysis and verification services for the UK energy efficiency industry. This will bring significant new expertise into the group which continues to expand. The group has also confirmed that recent trading at the company has been in line with expectations. We therefore maintain our recommendation of BUY.