Sureserve Group (SUR)

Sector:

Support

Index:

FTSE AIM All-Share

 82.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 105.00
  • 52 Week Low: 70.00
  • Currency: UK Pounds
  • Shares Issued: 165.65m
  • Volume: 13,483
  • Market Cap: £136.66m
  • RiskGrade: 173

Sureserve subsidiary secures long-term contract with Tower Hamlets Homes

By Iain Gilbert

Date: Tuesday 01 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Asset and energy support services group Sureserve said on Tuesday that its wholly-owned K&T Heating Services subsidiary had successfully secured a long-term domestic gas servicing, repair and installation contract with Tower Hamlets Homes.
Sureserve stated the contract term was capped at 10 years, commencing on 1 April, and was expected to generate sales revenue of £20.0m over the entirety of the contract term.

The AIM-listed firm also highlighted that the order win complemented its recent full-year announcement on 25 January, detailing a £527.1m order book at the start of the current financial year, providing the company with long-term visibility of earnings.

K&T Heating managing director David Greenfield said: "K&T Heating has maintained a long and respected history of working within East London and to be able to expand upon an already strong geographical presence is an exciting opportunity for us all."

As of 0810 GMT, Sureserve shares were up 2.78% at 91.99p.

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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.

 

Sureserve Group Market Data

Currency UK Pounds
Share Price 82.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 105.00
52 Week Low 70.00
Volume 13,483
Shares Issued 165.65m
Market Cap £136.66m
RiskGrade 173

Sureserve Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.19% below the market average32.19% below the market average32.19% below the market average32.19% below the market average32.19% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
68.68% above the market average68.68% above the market average68.68% above the market average68.68% above the market average68.68% above the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average
Income Not Available
Growth
82.30% above the market average82.30% above the market average82.30% above the market average82.30% above the market average82.30% above the market average
90.57% above the sector average90.57% above the sector average90.57% above the sector average90.57% above the sector average90.57% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sureserve Group Dividends

  Latest Previous
  Final Final
Ex-Div 18-Feb-21 30-Jan-20
Paid 30-Apr-21 30-Apr-20
Amount 1.00p 0.50p

Trades for 27-Jun-2022

Time Volume / Share Price
11:47 7,000 @ 83.90p
11:45 1,000 @ 82.45p
11:32 1,483 @ 82.45p
11:21 3,500 @ 82.40p
08:00 500 @ 84.60p

Sureserve Group Key Personnel

CEO Peter Smith
CFO Sameet Vohra

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