React Group (REAT)

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1.35p
   
  • Change Today:
      0.050p
  • 52 Week High: 1.70
  • 52 Week Low: 1.05
  • Currency: UK Pounds
  • Shares Issued: 1,067.65m
  • Volume: 4,323,163
  • Market Cap: £14.41m
  • RiskGrade: 389

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React Group posts rise in FY profits, revenues

By Michele Maatouk

Date: Tuesday 07 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Specialist cleaning, hygiene and decontamination company React Group reported a jump in full-year profit and revenue on Tuesday as it struck a positive note on the outlook.
In the year to 30 September 2022, adjusted earnings before interest, tax, depreciation and amortisation rose 20% to £953,000, while revenues jumped 78% to £13.7m. Revenues included a contribution of around £1.6m from commercial window, gutter and cladding cleaning business LaddersFree, which React bought in May for £8.5m.

React said like-for-like organic growth was "strong", up around 17% during the year.

Chief executive Shaun Doak said: "We are delighted to report a strong financial performance for the year. The acquisition of LaddersFree has been transformational as it continues to win new blue-chip clients.

"The transaction has not only broadened the group's offering but has enabled the business to cross sell other business services into existing and new customers. This was evident in the recent new £800k contract win to provide services from all three segments of the business through a coordinated programme to a large fast-service food restaurant across all its sites in the UK."

Doak said the board was confident in the outlook for the business, as strong demand for its services has continued into the current year.











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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

React Group Market Data

Currency UK Pounds
Share Price 1.35p
Change Today 0.050p
% Change 3.85 %
52 Week High 1.70
52 Week Low 1.05
Volume 4,323,163
Shares Issued 1,067.65m
Market Cap £14.41m
RiskGrade 389

React Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.94% above the market average23.94% above the market average23.94% above the market average23.94% above the market average23.94% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
6.74% below the market average6.74% below the market average6.74% below the market average6.74% below the market average6.74% below the market average
18.81% below the sector average18.81% below the sector average18.81% below the sector average18.81% below the sector average18.81% below the sector average
Income Not Available
Growth
82.28% above the market average82.28% above the market average82.28% above the market average82.28% above the market average82.28% above the market average
82.00% above the sector average82.00% above the sector average82.00% above the sector average82.00% above the sector average82.00% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

React Group Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:21 1,500,000 @ 1.30p
16:17 325,000 @ 1.31p
16:17 325,000 @ 1.30p
14:50 1,000,000 @ 1.30p
15:04 113,500 @ 1.40p

React Group Key Personnel

CEO Shaun Doak
CFO Spencer Dredge

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