9 August - trading update
The technology group which is focused on helping businesses reduce energy costs as well as their carbon emissions has announced a positive trading update for the six month period to 30 June. As such, the company expects to report robust results for the period whilst its full year figures should meet current market expectations for revenue of £110m and adjusted EBITDA of £24.2m. This is clearly a positive statement and although the shares have risen strongly it would appear that there is further to go. BUY.
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