Restore plc is an AIM-listed support services company focussed on providing services to offices in the private and public sectors.

Restore plc has two divisions: document management and relocations. As a group it provides safe and secure services in document storage, online and tape storage, document shredding, office relocation, IT relocation and IT asset disposal. The group has significantly developed and expanded these services over the last few years by means of acquisition and organic growth and provides nationwide services, with storage locations across all of mainland Britain.

The Company was floated on AIM in November 2004. Our head office is in London W1.

Restore is a document storage company based in Redhill, Surrey. From its original storage facilities in Redhill, Paddock Wood and Launceston, and a 70-acre underground facility in Wiltshire, its geographical spread has grown significantly over the last few years, partly through acquisitions made in Oxfordshire, Sussex, Leeds, Glasgow, Middlesbrough, Manchester and Kent, as well as File and Data, another national records management business. It has also taken on the records management activities and sites of Harrow Green and now operates from 17 sites across the UK. The company offers a range of services from pure storage to a comprehensive, compliance-based records management programme and has customers throughout the UK.

Restore Shred, headquartered in Upper Heyford with sites from Glasgow to London, where it has a state-of-the-art facility with capacity in excess of 15,000 tonnes a year. The company was formed in October 2011 when it acquired the business and assets of Thoroughshred, a provider of secure shredding and recycling. The acquisitions of M&L Document Destruction and Cannon Confidential mean that Restore Shred now services customers across the UK.

Restore Scan (formerly Document Control Services Ltd (DCS)) is a specialist scanning company. The company is based in Peterborough and has a strong customer base across the UK, serving in particular the infrastructure sector.


http://www.restoreplc.com/investor-relations.php

12 Sep
Berenberg
585.00
Buy

Financial Calendar
Trading Update
30 January 2018

10:10 23/01/2018
Broker Forecast - Peel Hunt issues a broker note on Restore PLC
Peel Hunt today downgrades its investment rating on Restore PLC (LON:RST) to add (from buy) and raised its price target to 608p (from 528p). Story provided by StockMarketWire.com

Year End Trading Update
RNS
RNS Number : 2579D
Restore PLC
30 January 2018

30 January 2018


Restore plc

Year End Trading Update


Restore plc, the UK office services provider ("Restore" or "the Group"), confirms that trading for the year ended 31 December 2017 was in line with expectations.

Our Document Management division, whose core records management business accounts for the majority of Group profit, continued to perform well. Our Records Management business continued to trade strongly. Restore Datashred performed satisfactorily and completed five small shredding acquisitions during the year, all of which have now been fully integrated. Restore Scan continued to increase revenues and operating margins.

Our Relocation division, which primarily comprises the Harrow Green business, continued to achieve good year-on-year growth. Trading activity at Harrow Green was strong. IT Efficient, the Group's IT asset disposal business, was significantly expanded by the acquisition of The ITAD Works in February 2017, and the combined business traded ahead of expectations. ITP, our toner cartridge recycling business, showed some signs of improvement but its market remains difficult.

The Group's Full Year results will be released on 13 March 2018.

Charles Skinner, Chief Executive of Restore, commented:

"Our full year results will show further significant year-on-year growth in revenue, profits and earnings per share. This reflects the successful integration of PHS Data Solutions, acquired in August 2016, and a strong underlying performance by our businesses. We continue to have an excellent platform for further profitable growth with strong visibility of earnings."

30 Jan
Peel Hunt
608.00
Add

Final results

Summary:

· Group revenue up 36% to £176.2m
· Group adjusted profit before tax up 36% to £31.2m
· Adjusted basic earnings per share up 25% to 22.4p
· Document Management revenue up 41%; adjusted operating profit up 41%
o GDPR expected to drive major projects for Document Management Division
· Relocation revenue up 25%; adjusted operating profit up 16%
o Significant office moves for Bloomberg and Facebook
· First full year of PHS Data Solutions; shredding business transformed
· Total dividend up 25% to 5.0p per share

Acquisition

08:10 27/04/2018
Broker Forecast - Liberum Capital issues a broker note on Restore PLC
Liberum Capital today initiates coverage of Restore PLC (LON:RST) with a buy investment rating and price target of 660p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

AGM Statement
RNS
RNS Number : 6335O
Restore PLC
21 May 2018

21 May 2018

Restore plc

AGM Statement


At the Annual General Meeting of Restore plc ("Restore" or "the Group"), to be held later today at Cenkos, 6-8 Tokenhouse Yard, London, EC2R 7AS, the Chairman, Martin Towers, will make the following statement:

"2018 trading has started satisfactorily across the Group and our expectations for the full year remain unchanged.

In our Document Management division, our core records management business continues to trade well. As previously announced, we completed the acquisition of TNT Business Solutions on 30 April. Restore Datashred, our shredding business, delivered lower operating margins than budgeted in the first quarter and steps have been taken to improve margins in the second quarter. Restore Digital, our scanning business, continues to trade satisfactorily.

Restore Harrow Green, our office relocations business, which comprises the largest part of our Relocation division, continues to trade well. Restore Technology, our IT lifecycle services business, continues to build on last year's successful acquisition of The ITAD Works.

We look forward to delivering another year of progress in 2018."

Half Year Trading Update
RNS
RNS Number : 3691V
Restore PLC
23 July 2018


23 July 2018
Restore plc

Half Year Trading Update

Restore plc ("Restore" or "the Group"), the UK office services provider, today issues a trading update for the six months ended 30 June 2018.

Trading for the first half of 2018 was in line with management expectations.

In our Document Management division, Restore Records Management traded steadily. As expected, we witnessed higher destruction and removal rates in the period as customers reviewed their GDPR obligations. After a slow start to the year, Restore Datashred's performance improved strongly towards the end of the period, partly due to increased GDPR-related activity. Restore Digital traded well particularly at the end of the period when its major seasonal scanning contract was executed successfully. Our Relocation division traded satisfactorily led by a solid performance from Restore Harrow Green and our IT recycling business continuing to perform well.

The business and assets of TNT Business Solutions, which were acquired on 30 April 2018, performed in line with management expectations. Following completion of the acquisition, an initial enforcement order was issued by the Competition and Markets Authority which prevented the integration of the business. This order has now been lifted and the integration will proceed in the second part of the year.

The Group's Half Year results will be released on 17 September 2018.

Half year results 2018

Summary:

· Group revenue up 9% to £95.1m
· Group adjusted profit before tax up 13% to £17.3m
· Adjusted basic earnings per share up 10% to 12.0p
· Document Management revenue up 8% to £69.9m; operating profit up 11% to £17.6m
o Restore Datashred benefit from increased GDPR-related activity in second quarter
· Relocations revenue up 14% to £25.2m; operating profit up 35% to £2.7m
o Improvement in operating margin from increased operational efficiency
· Good initial contribution from TNT Business Solutions; integration programme now underway
· Interim dividend per share up 20% to 2.0p