Post year end trading update and Board changes

RNS Number : 7439O

Sureserve Group PLC

04 October 2019

 

4 October 2019

Sureserve Group plc

("Sureserve" or the "Group")

Post year end trading update and Board changes

Sureserve, the Compliance and Energy Support Services Group, is pleased to provide the following update on trading for the financial year to 30 September 2019.

The demand for the Group's services continue to be strong, on the back of its reputation for the delivery of quality services and market leading positions in the highly regulated public sector gas maintenance and energy management sectors.

Both operational and financial performances have been strong in the second half of the year and the Board is pleased to confirm that the pre-tax profits for the year just ended will meet management's expectations.

Michael McMahon, the Chief Operating Officer, has advised that he has decided to resign for personal reasons and Bob Holt will fulfil Michael's role during this interim period whilst the Board structure is reviewed. The Board wishes to record its thanks to Michael for his service.

Enquiries

Sureserve	Financial Public Relations
Bob Holt, Chairman, 07778 798816	Camarco
Peter Smith, Chief Financial Officer	Ginny Pulbrook
Telephone: [phone]	Tom Huddart Telephone: [phone]
Shore Capital
Antonio Bossi Mark Brown
Telephone:  [phone]

Notes to editors

Sureserve is a leading compliance and energy support services group that performs critical functions in homes, public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Services are delivered through two divisions: Compliance and Energy Services.

The Group was founded in 1988 and is headquartered in Basildon. It currently employs some 2,000 staff from 23 offices across the UK.

 

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