React Group (REAT)

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73.67p
   
  • Change Today:
    -0.33p
  • 52 Week High: 85.00
  • 52 Week Low: 62.50
  • Currency: UK Pounds
  • Shares Issued: 21.55m
  • Volume: 13,710
  • Market Cap: £15.88m
  • RiskGrade: 389

REACT Group reports loss in first full year

By Josh White

Date: Friday 17 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Specialist provider of rapid response deep cleaning and emergency decontamination services, REACT Group, announced its final results for the year to 30 September on Friday - its first full year since listing on AIM in mid-2015 via a reverse takeover.
The AIM-traded firm said turnover for the period was £2.4m - compared to £0.7m for the shorter reporting period from 24 June to 30 September 2015 - with a cost of sales of £1.4m, up from £0.35m in the short 2015 period.

It posted a pre-tax loss of £0.15m, widening from £0.04m in the abridged 2015 year.

The company's cash position remained strong, the board claimed, at £1.1m.

On the operational front, REACT, said it managed to revamp its sales team during the period, while it closed the EPUK division, and reportedly improved marketing with a "more focussed" sales force.

"After a challenging time with the EPUK management, we made the decision to close that side of the business," said chief executive Grahame Rummery.

"The core business, REACT Specialist Cleaning, has performed well during this period and we remain positive about its future.

"We are confident we will have a positive 2017 and look forward to the rest of the 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 73.67p
Change Today -0.33p
% Change -0.45 %
52 Week High 85.00
52 Week Low 62.50
Volume 13,710
Shares Issued 21.55m
Market Cap £15.88m
RiskGrade 389

React Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.24% below the market average17.24% below the market average17.24% below the market average17.24% below the market average17.24% below the market average
34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average
Price Trend
46.34% above the market average46.34% above the market average46.34% above the market average46.34% above the market average46.34% above the market average
26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average
Income Not Available
Growth
83.14% above the market average83.14% above the market average83.14% above the market average83.14% above the market average83.14% above the market average
83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average

React Group Dividends

No dividends found

Trades for 17-Jun-2024

Time Volume / Share Price
12:32 15 @ 74.10p
08:09 13,695 @ 73.02p

React Group Key Personnel

CEO Shaun Doak
CFO Spencer Dredge

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