Publication of preliminary results

RNS Number : 8443A

Fulcrum Utility Services Ltd

03 June 2019

 

3 June 2019

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Publication of preliminary results

Fulcrum Utility Services Limited, the UK's market leading independent multi-utility infrastructure and services provider, will announce its final results for the year ended 31 March 2019 by early July 2019. 

This delay to the original timetable is as a result of an increasing scope and complexity of the enlarged group and the financial reporting framework compared to previous years.  In particular, work is ongoing on certain non-cash items which the Board believes will not affect the trading results and prospects for the Company.

The Board confirms there is currently no change to the guidance it gave in the Trading Update of 28 March 2019*.

* "…revenue for the financial year ending 31 March 2019 is expected to be approximately £57.0 million (2018: £44.6 million) and adjusted EBITDA for the same period is expected to be approximately £11.0 million (2018: £8.4 million)." 

ENDS

Information contained within this announcement was deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

Enquiries:

Fulcrum Utility Services Limited Martin Harrison, Chief Executive Officer Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Michael Johnson (Sales) Camarco (Financial PR advisers) Ginny Pulbrook / Tom Huddart

[phone] [phone] [phone]

 

END

 

 

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