17 October 2017 – trading update
The group has issued a trading update covering the nine months to 30 September and this has revealed that revenue for the period was 34% above the previous year at £54.45m (2016: £40.50m) with organic growth supplemented by additional revenue from acquisitions. In the current financial year the group has so far made six acquisitions with three of these being made in the last quarter. All of these acquisitions have added to or enhanced the group’s position with key European or global suppliers , broadened the group’s sector and geographic coverage and added to its technical competence. With another year of solid progress in prospect the shares remain a BUY.