We help our clients and their customers successfully deploy,
protect, maintain, retire and re-use technology.


The world is witnessing explosive growth in the number of connected devices, and in the power and complexity of mobile computing platforms. This is resulting in an increasing need for sophisticated technology- and user support. Regenersis addresses those needs with a growing portfolio of software-rich services building on a strong heritage of repair operations, customer service and data erasure management.

By combining our capabilities in innovative ways, tailored to individual client requirements, we deliver unique service propositions that reinforce trust in our client’s brands and create value for our business partners and shareholders.


Technology Life Cycle Services

Our international network of repair centres provides product repair, refurbishment, parts management and logistics services for mobile, IT, home entertainment and B2B infrastructure product vendors; and their sales channels, insurers, and end users. Our technically-advanced repair capabilities enjoy a solid reputation with our TMT sector clients, combining service excellence with continuous gains in cost efficiency.

Our industry-leading fault diagnostics and issue resolution technologies include the In-Field Tester for set top boxes, and our SmartChk applications suite for smartphones. These advanced diagnostic platforms improve consumer satisfaction with their devices and materially reduce the incidence and cost of product returns for our clients.

In partnership with leading insurers, our Digital Care operations deliver innovative product insurance and extended warranty programmes for our clients, protecting customers’ investments in mobile technology products.

Our Recommerce division helps manufacturers and retailers to launch products and attract new customers through upgrade and buy-back programmes.

Blancco is the global leader in data erasure management (DEM). Blancco software provides comprehensive data erasure for every type of electronic and magnetic storage media, ranging from portable flash drives and mobile phone memory to solid state drives, networked storage, virtual drives and cloud storage. Blancco DEM is a vital part of any organisation’s security infrastructure, underpinning robust data retention policies and ensuring compliance with international data protection regulations.

Regenersis around the world

Our clients increasingly seek partners who can deliver cost-effective and innovative technology life cycle services on a global basis. Since 2011, Regenersis has expanded its geographical footprint from five countries to 16. With the acquisition of Blancco in April 2014, this increased to 22 countries.



http://www.regenersis.com/about-us








Final Results

http://www.moneyam.com/action/news/showArticle?id=4451090

Financial Highlights

·
Group revenue increased by 13% to £139.9 million (2011: £123.8 million)

·
Headline operating profit(*) increased by 24% to £7.8 million (2011: £6.3 million)

·
Operating cash flow improved to £4.9 million (2011: £2.4 million).

·
Further Improvement in headline operating margin to 5.5% (2011: 5.1%)

·
Net debt reduced to £2.9 million (2011: £3.8 million)

·
Banking facility extended from £15 million to £23.25 million for the period to October 2015, to support further organic investment and incremental M&A activity

·
First dividend payment since 2007 - recommended final dividend of 1.1 pence per ordinary share

Anyone interested in this stock can find several informative clips on the company on YouTube.

Regenersis: Panmure Gordon Panmure Gordon raises target price from 394p to 423p and maintains its buy recommendation

Have just broken out:

Contract win with Wincor Nixdorf in North America

RNS


RNS Number : 0021C

Regenersis PLC

12 March 2014






12 March 2014



REGENERSIS PLC

("Regenersis" the "Company" or the "Group")



REGENERSIS WINS 3-YEAR CONTRACT WITH WINCOR NIXDORF IN NORTH AMERICA



Regenersis is pleased to announce the award of a 3-year contract by Wincor Nixdorf to manage the repair of their Point-of-Sales terminals in North America. This new agreement includes the repair and overhaul of a wide range of products for the growing installed base of Wincor Nixdorf products. Regenersis has supported Wincor Nixdorf in Europe for many years.



Regenersis will open a new facility in Memphis, Tennessee, which will provide a base of operations for pursuing further opportunities with Wincor Nixdorf and other potential clients in the large and fragmented North American B2B/infrastructure aftersales service market, representing a significant new growth opportunity for the Group.

Shares - Interim results 17 March, they expect the dividend growth to exceed market forecasts.

From an Equity Development e-mail circular:

Dear ExecLine,

Regenersis is EMEA's leader for the repair and refurbishment of electronic devices, split into 3 divisions: Emerging Markets, Western Europe and Advanced Solutions.

Interim results show H1, 2014, in line with forecasts. Sales rose +11% to £99.7m (+17% constant currency) with Headline Operating Profit steady at £4.6m. Looking ahead, our FY 2014 PBT has been nudged down 3% to £9.8m reflecting a higher interest charge - albeit equally offset by a lower tax rate, leaving EPS unchanged at 17.9p. The dividend moves up to 4.0p (from 2.8p), thanks to an impressive 97% hike in the interim payout to 1.32p.

We anticipate another major profit surge, especially after winning a string of blue ribbon contracts in H1 2014. This can generate "mid-teens" organic growth in H2, and a 56% jump in adjusted EPS by FY 2016. Margins should expand on operational leverage and investment in Advanced Solutions.

The stock currently trades on a sector PER of 20x, declining to 12.8x by FY16. Our share price target remains at 430p

?100 MILLION FUND RAISING & EUR60 MILLION ACQN

http://www.moneyam.com/action/news/showArticle?id=4782253

Regenersis PLC (RGS:LSE) set a new 52-week high during today's trading session when it reached 400.50. Over this period, the share price is up 85.88%.

Regenersis: Panmure Gordon places both its target price and its buy recommendation under review.

MIDAS SHARE TIPS UPDATE: Set-top box repair tip soars 384 per cent

By Joanne Hart, Financial Mail On Sunday

PUBLISHED: 22:05, 5 April 2014 | UPDATED: 22:05, 5 April 2014


Electronics repair firm Regenersis has been a huge success since specialist Matthew Peacock moved in as chairman three years ago. Tipped by Midas in October 2011 at 771⁄4p, the shares have increased almost fivefold to 3733⁄4p since.


Even though the performance has been impressive, there is still momentum in these shares. Last Monday, Peacock announced the £60 million acquisition of Finland’s Blancco, which specialises in erasing data from computers and mobiles.


Blancco is the world’s leading player in this field and customers include the CIA.





On the up: Even though the performance has been impressive, there is still momentum in these shares

On the up: Even though the performance has been impressive, there is still momentum in these shares



This is a huge area, particularly as a new EU law will soon fine firms up to 5 per cent of their turnover if they fail to look after customer data properly. Business is bound to boom once the new laws come into play.


Blancco should also fit neatly into the Regenersis stable. The group repairs phones, computers and set-top boxes.


Analysts predict a 13 per cent rise in profits to almost £10 million for the year to June 30, soaring to £18 million in 2015. The dividend is forecast to grow from 2.5p last year to 4p this and 5p next.


Midas verdict: Regenersis has been growing fast, but Peacock is extremely ambitious for the company. Stick with him.

Video on the Regenersis acquisition of Blanco (a data erasure specialist company) :

https://www.youtube.com/watch?v=ADhj6wdStCQ#t=138

Holding(s) in Company - Schroders plc above 5%


http://www.moneyam.com/action/news/showArticle?id=4797001

NEW BUSINESS WINS

RNS


RNS Number : 7656F

Regenersis PLC

29 April 2014






29 April 2014



REGENERSIS PLC

("Regenersis" the "Company" or the "Group")



NEW BUSINESS WINS



Regenersis, a strategic outsourcing partner to many of the world's leading consumer technology companies, is pleased to announce a number of new contract wins.



The Group has won several new contracts in the depot repair business, which will be fulfilled through the Group's facilities in Spain and Germany. Customers include:



· Mobile phone repairs for Yoigo, which is the 4th largest mobile operator in Spain with over 4 million subscribers and is part of the Telia Sonera Group. Regenersis will become the repair partner for all the Sony mobile phones in the Yoigo estate and will cover both in warranty and out of warranty repairs.

· In what we believe is an industry first in Europe, Regenersis Germany has been awarded a contract by one of the world's leading, and most innovative, manufacturers of smartphones and other technology. The contract covers both in-warranty (non-carrier) and out-of-warranty (carrier/non carrier) devices, and is the first of its kind in Germany. Regenersis has been working with this manufacturer as an Approved Service Partner for many years and represents a logical and very significant strategic step for Regenersis in Europe.



In the Renew division, the Group is pleased to announce the launch a new mobile insurance proposition with a key mobile operator in Poland under the Digital Care brand.



· This includes an LCD Protection Plan and is a first to market offering making Digital Care the number 1 mobile protection provider in Poland. The scheme is underwritten by a large Polish underwriter.

· The product offering includes a 24 month cover for accidental damage to the customers' smart phone screen, which is an increasingly growing problem.



The above new business has been won since the half year results. They will underpin the sales growth already anticipated for next year.



Matthew Peacock, Executive Chairman of Regenersis, said:



"It is extremely pleasing to see these new pieces of business which represent significant strategic steps for Regenersis in moving us towards establishing ourselves us as the leading aftermarket services provider in the world."

Ex dividend Wed 14 May 1.32p

Trading Update and Notice of Results

RNS


RNS Number : 2929M

Regenersis PLC

15 July 2014








15 July 2014



REGENERSIS PLC



TRADING UPDATE AND NOTICE OF RESULTS



Regenersis plc ("Regenersis" or the "Group"), a strategic outsourcing partner to many of the world's largest technology brands, issues this trading update in advance of its results for the year ended 30 June 2014, which will be announced on 23 September 2014.



Trading



The Board is pleased to confirm that performance for the year will be in line with market expectations, in a period in which the Group has again delivered double-digit sales and profit growth and an improving operating margin. The Advanced Solutions Division has shown particularly good profit growth in the period. The Group's net cash position at the financial year end will also be in line with market expectations.



Blancco



Since its acquisition on 17 April 2014, Blancco has performed ahead of management's initial expectations and the business is expected to show continued significant growth in the next financial year to 30 June 2015.



In April 2014, Blancco agreed a partnership with Kroll Ontrack, previously its largest competitor, whereby Kroll Ontrack promotes Blancco's data erasure software solutions. This partnership has started well and is already delivering new business.



The changes to Article 17 of the European Union's Data Protection Regulation announced in March 2014 stipulate "the right to be forgotten" and have profound implications for data controllers. Blancco's offering addresses this need and discussions with Regenersis' customers to adopt Blancco's core product have begun globally.



Xcaliber Technologies



Xcaliber Technologies' mobile diagnostics and issue resolution software complements Blancco's corporate data erasure services as well as Regenersis' Repair, Recommerce and Digital Care services. The Group is working with existing customers to bring to market a bundled offering combining these mutually complementary solutions.



In the last six months, Xcaliber Technologies has contracted its first significant mobile diagnostics revenues and launched three important live pilots of its solutions with a major US mobile operator, a major European mobile operator and a major US repair company.



As a result of this encouraging pipeline, Regenersis has agreed to provide a further US$3.5m of funding, taking its equity stake in Xcaliber Technologies to 49%. This development capital will be used to secure the growth of the business and the large potential contracts that already exist, as well as to progress a bundled diagnostic platform with Blancco and other growing Regenersis technologies.



M&A



In addition to Xcaliber Technologies, the M&A pipeline contains several exciting prospects and we look forward to providing a progress report in our full-year results. The Group is focusing particularly on deals which will expand its technology suite and also those that will extend its global footprint. The Board remains confident in the Group's ability to source accretive investments and to integrate them successfully.



Matthew Peacock, Executive Chairman of Regenersis, said:



"In 2014, we have focused on building the Group's software and system-driven businesses both via corporate activity and through organic developments started in 2012 and 2013. The Group is now active in 22 countries. Advanced Solutions' contribution to Group operating profit is expected to grow to around 60% in 2015, from 31% in 2013, and to increase further in the coming years.



"It is these developments in Advanced Solutions which underpin the Board's expectation of further double digit growth in the next financial year and beyond."

Final results Tues 23 Sept

Final Results

RNS


RNS Number : 3159S

Regenersis PLC

23 September 2014






23 September 2014



REGENERSIS PLC



(AIM: "RGS")



PRELIMINARY RESULTS FOR THE YEAR ENDED 30 JUNE 2014



Regenersis Plc ("Regenersis" or the "Group") is pleased to announce its final results for the year ended 30 June 2014, which show a strong financial performance and good growth, along with a number of positive corporate developments, including acquisitions after the year end.



Group Financial Highlights

· Revenue increased by 10% to £197.5 million (2013: £179.7 million) - up 18% in constant currency.

· Headline Operating Profit* ("HOP") increased by 16% to £11.0 million (2013: £9.5 million) - up 22% in constant currency.

· Operating Profit decreased to £0.5 million (2013: £7.1 million) primarily as a result of exceptional acquisition and restructuring costs.

· The recommended final dividend per ordinary share is 2.68p (2013: 1.83p), giving a total dividend for the year of 4.0p (2013: 2.5p) - up 60%.

· The Group's investment in capital expenditure and research and development increased to £6.7 million (2013: £4.3 million).

· Headline operating cash flow** of £4.5 million (2013: £12.9 million) with headline cash conversion of 41% (2013: 135%), being lower than previous periods primarily due to working capital investments made in the rapidly growing Advanced Solutions division.

· Equity fundraising of £100 million in April 2014, including the acquisition of Blancco Oy Limited ("Blancco").

· Net cash at the year end was £20.6 million (FY 2013: £1.9 million net debt), following the equity fund raising in April 2014.

· Adjusted EPS*** decreased by 4% to 16.16p (2013: 16.80p) and basic EPS decreased by 48% to (5.45p (2013: 10.53p). The decrease in the Adjusted EPS is a result of the Placing undertaken in April 2014, without which the adjusted EPS would have been 18.19p, an increase of 8%.



*'Headline Operating Profit' is the key profit measure used by the Board to assess the underlying financial performance of the operating divisions and the Group as a whole. 'Headline Operating Profit' is stated before amortisation or impairment of acquired intangible assets, exceptional acquisition and restructuring costs and share-based payments.



**'Headline operating cash flow' is a key internal measure used by the Board to evaluate the cash flow of the Group. It is defined as operating cash flow excluding taxation, interest payments and receipts, exceptional acquisition and restructuring costs.



***'Adjusted EPS' is an adjusted measure of earnings per share based on adjusted earnings. Adjusted earnings are stated before amortisation or impairment of acquired intangible assets, exceptional acquisition and restructuring costs, share-based payments, unwinding of the discounted contingent consideration and adjustments to estimates of contingent consideration







Divisional Highlights

· Advanced Solutions divisional HOP of £7.5 million (2013: £3.6 million) - up 108%.

· Emerging Markets divisional HOP of £6.7 million (2013: £5.9 million) - up 14%.

· 91% of divisional HOP generated by the strategically important Advanced Solutions and Emerging Markets segments.

· Total HOP before central corporate costs increased to £15.6 million (2013: £11.7 million) - up 33%, while central corporate costs of £4.6 million (2013: £2.2 million) increased, as the Group invested in senior management and other aspects of its future growth platform.



Operating Highlights

· The senior management team was significantly strengthened, most notably with new roles: Chief Operating Officer; Managing Director, Renew; Chief Information Officer; and Director of Sales, Innovation and Marketing.

· Regional operations were brought fully into an integrated global operations structure for the first time under the new COO and the Group's Kaizen continuous improvement programme was extended from the UK to Poland and Spain.

· New technical capabilities were introduced, including notably: an advanced LCD screen delamination/relamination and refurbishment facility in Romania, Europe's first facility of this type; introduction of B2B operations to the United States (Memphis); installation of Xcaliber smartphone diagnostic systems in the Group's largest mobile phone repair facilities; and roll-out of in-house developed Oktra set top box diagnostics systems into our set top box repair facilities.

· Digital Care won the principal smartphone insurance contract at each of the top three mobile operators in Poland with its innovative service offer. This outstanding result positions Digital Care as the clear market leader in mobile insurance in Poland and provides an excellent platform for international expansion.

· In April 2014, Blancco agreed a partnership with Kroll Ontrack, previously its largest competitor, whereby Kroll Ontrack promotes Blancco's data erasure software solutions. This partnership has started well and is already delivering new business.

· Elsewhere there was a significant increase in the quantity and quality of new business won in the second half, including a large contract with an industrial Group in Europe to provide repair and reverse logistics for a range of payment devices and a series of insurance-related fulfilment and repair contract for clients in Mexico, Poland, Romania, and other territories.



Corporate actions and M&A update

· As part of the £100 million fundraising, Regenersis acquired Blancco, a global market leader in the provision of data erasure software, for €60 million in April 2014.

· Blancco has performed ahead of management's initial expectations and the business is expected to show continued significant growth in the next financial year to 30 June 2015. Blancco is planned to become the focal point of a portfolio of software products and services which the Group is in the process of expanding by acquisition.

· In July 2014, Regenersis increased its equity stake in Xcaliber Technologies ("Xcaliber") to 49% by injecting US$3.25 million of cash funding into the business. Xcaliber and Blancco have several significant areas of synergy including the opportunity to launch bundled smartphone diagnostics and erasure propositions, and to share sales and operational resources.

· In September 2014, Regenersis acquired 100% of the share capital of SafeIT Security Sweden AB ("SafeIT") for SEK 16.0 million (£1.4 million). SafeIT is a leading specialist cloud data erasure business in the emerging field of virtual and server data erasure management. Its services and solutions help clients to identify and permanently erase data in complex cloud environments. This acquisition extends Blancco's market leading position in data erasure into the rapidly growing cloud storage market.



The M&A pipeline remains strong, with opportunities to further extend the Advanced Solutions portfolio around the Blancco brand. Globally the sector remains immature and therefore ripe for consolidation.

Regenersis also announces the retirement of Michael Peacock, Non-executive Director and Senior Independent Director from the Board with effect from 26 November 2014. Michael joined the Board in 2011 and has played an important role in the growth of the Company. A search for a replacement Senior Independent Director has now been commenced and Regenersis would like to make an appointment as quickly as possible, recognising the importance of this position for maintaining best practice corporate governance.



Strategy Update

Regenersis strategy focuses around two client deliverables:

· Delivering consistent high quality Depot repair services across the world; and

· Developing innovative Advanced Solutions services, which improve our clients' businesses and enhance Regenersis's position as a partner.

The acquisition of Blancco has transformed the Advanced Solutions portfolio, making it the majority of the Group in terms of share of likely future profitability and value potential. The business specialises in data erasure solutions and represents a growth in the service range that the Advanced Solutions division offers customers. Additionally Blancco has opened up a new set of M&A opportunities, leveraging its market-leading brand, customer relationships, and large direct sales force. The recent Xcaliber and SafeIT transactions are the first steps in this direction.

Blancco has outstanding opportunities because it has unique technical capabilities which address new, high growth areas in data erasure:


•

Corporate data erasure management is the key focus, where the traditional challenge of wiping sensitive corporate data from PCs at the end of their life is evolving into a multi-headed challenge of complying with stringent data protection legislation in an environment of pervasive mobile devices and cloud data storage; and


•

Cloud or virtual data erasure, where the acquisition of SafeIT brings in-house the leading technical capabilities available. This is another area of potentially very significant opportunity for the Group.


•

The focus of initiatives in Blancco is on effective deployment to advance this agenda.




Xcaliber Technologies brings complementary capabilities to Blancco and Regenersis is integrating these businesses at various levels to realise this opportunity fully. There exists product/proposition and operating/salesforce synergies with the potential to enhance the growth and competitiveness of both businesses.

Elsewhere in the organic development of the business, new business wins during the year just ended again populated new "pixels" in the matrix of countries and services of the Group (from 45 to 79). It also further shifted the business mix towards the operator segment (including mobile, pay TV, insurance companies and other corporates) as compared to OEMs) from 21% to 28%. The Blancco acquisition has additionally extended the number of territories in which Regenersis has a physical presence to 22. In the remainder of the Group, the focus has been on building the quality of the business within the operating footprint.

The most notable success in terms of organic business development in the year was achieved by Digital Care in Poland, as noted above in the operating highlights. This success clearly validates Digital Care's unique proposition, which is the result of two years of development. The Group is looking to extend this success across other geographies.

In conclusion the Group continued to evolve its mix of current and future opportunities towards Advanced Solutions during the year, notably with Blancco, Xcaliber, and Digital Care. The strategy remains fundamentally unchanged: pursuing depth and breadth in a portfolio of Emerging Markets and Advanced Solutions business; and achieving this goal through a focus on people, global integration, and M&A.



Outlook



· Current trading in local currency terms is in line with our expectations and the Group continues to target double digit growth in revenue and profitability.

· Strong sterling pressures felt in the last financial year have continued in the year to date.

· New business wins have progressed very well and are significantly ahead of the run rate at this stage for last year.

· Advanced Solutions as a proportion of Group revenue is expected to continue to increase rapidly.

· Opportunities for global growth, both organically and by acquisition, remain strong.



Matthew Peacock, Executive Chairman of Regenersis, said:



"Overall the year just ended was transformative in terms of the shape of the Group and its prospects for the future. The Group has become an exciting Advanced Solutions-led business growing via organic progress and M&A. The formula for this development over the last few years has been our focus on the three "game changers" - people, global integration, and M&A - and we will continue to follow this approach next year and beyond. I am looking forward to further expanding a number of strong performing divisions (organically and via bolt-on M&A) which are demonstrating a proven track record of growth."

Watch: Matthew Peacock, Executive Chairman & Jog Dhody, CEO Regenersis - Final Results Video

Click here

Watch: Regenersis - Highlights of the final results

Click here

New Business Wins

RNS


RNS Number : 3082V

Regenersis PLC

27 October 2014






27 October 2014



REGENERSIS PLC

("Regenersis" the "Company" or the "Group")



NEW BUSINESS WINS



Regenersis plc, a strategic outsourcing partner to many of the world's largest technology brands, is pleased to announce significant new contract wins in its Depot business:



· In Mexico, the Group has been awarded a repair and refurbishment contract with Sony Mobile, a division of Sony Corporation. This contract has already begun operational ramp up in our Mexico City facility.

· Regenersis Poland has secured an addition to the Group's strategic partnership with HTC, under which additional device volumes from EMEA will be processed by Regenersis Poland. This contract will materially increase the volume of HTC units handled by Regenersis from the second half of the current financial year.

· An aftermarket and repair service solution contract for a leading US based, global company in the Business to Business segment, has been awarded to the Group, which will be delivered through three of our European facilities and includes component level repair and returns management.



Further, Regenersis has secured several new repair contracts for leading insurance customers to be serviced from our Poland and Romanian facilities, including screen refurbishment and advanced motherboard repairs.



The Group expects these new business wins to deliver in excess of £15 million annualised revenue for the Depot division once they have reached their anticipated run rate.



Matthew Peacock, Executive Chairman of Regenersis, said:



"We are delighted that Sony has chosen to partner with Regenersis in Mexico and look forward to working with them. The extension of our established contract with HTC speaks to the success of our working relationship, which has progressively grown since we started working together.



"These new contracts underpin management's existing growth forecasts for the Depot division of the Group this year."