React Group (REAT)

Sector:

Support

Index:

FTSE AIM All-Share

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 gets another London hospital service contract

By Josh White

Date: Friday 02 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Rapid response deep cleaning and emergency decontamination services provider REACT Group announced on Friday that its subsidiary, REACT Specialist Cleaning, has signed an additional service contract with a major facilities company for the provision of deep cleaning services for an unnamed major London hospital - the same hospital as the initial contract announced on 11 September last year.
The AIM-traded firm said the contract was for a period of 18 months, and covered both deep cleaning and other ad hoc work on a preferred supplier basis.

RSCL was awarded initial purchase orders totalling £0.21m excluding VAT for deep cleaning work under the service contract.

The additional provision under the contract for other ad hoc services was described by the board as "significant", however.

It said that was because, whilst there was no guarantee as to the level of additional work, REACT was now the preferred supplier, with similar ad hoc services from the client contributing more than £0.25m to revenue in the previous financial year.

"We are very pleased that the company has continued to build more contract work, which reflects on the high standards that our teams continue to deliver," said chairman Gill Leates.

"We will continue our strategy of developing the business in our areas of core expertise."

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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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