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Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Reports revenue in the six months to March 31 increased 23% to £155.3 million from £126.2 million the year prior with pretax profit of £6.7 million, up 56% from £4.3 million. Adds adjusted basic earnings per share climbed by 3.3% to 3.1 pence from 3.0 pence while the order book jumped 11% to £567.7 million from £512.1 million. Says the order book provides good visibility of revenue streams with 98% of financial year 2023 expected revenue covered by the order book. In April, Sureserve said it reached an agreement with Cap10 4NetZero Bidco, a company indirectly owned by private equity firm, Cap10 Partners, on an all-cash takeover. Cap10 will pay 125 pence for each Sureserve share. Current stock price: 123.75 pence, down 0.4% in London on Tuesday 12-month change: up 49% Copyright 2023 Alliance News Ltd. All Rights Reserved
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