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Getech Group PLC on Thursday reported a period of ‘strong trading’, inking 12 contracts over the past month. Shares in the Leeds, England-based geo-energy and green hydrogen location company climbed 19% to 2.26 pence on Thursday afternoon in London. In total, Getech said the contracts amount to around £330,000, with approximately £300,000 of this expected to be recognised within the current financial year. The company noted that three of the wins are with new customers, and that the remaining contracts add to its existing order book, now standing at £4.1 million. This is up 7.9% from £3.8 million at June 30. ‘These contract wins come as we enter Q4, typically our strongest trading quarter, and are an indication that the recent changes we have made to our sales team - including new leadership and resources - are delivering tangible results,’ said Chief Executive Chris Jepps. ‘The breadth of these contracts demonstrates the more diverse range of markets now open to Getech’s products and services, with wins secured from the oil & gas, geothermal and critical minerals sectors. This trend is also reflected in our pipeline of sales opportunities which has increased in size and quality compared to this time last year.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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