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Pin to quick picksFulcrum Utility Share News (FCRM)

Share Price Information for Fulcrum Utility (FCRM)

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Share Price: 35.75
Bid: 35.00
Ask: 36.50
Change: -1.25 (-3.38%)
Spread: 1.50 (4.29%)
Open: 37.00
High: 37.00
Low: 35.75
Yest. Close: 37.00
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IN BRIEF: Fulcrum Utility Services Sees Sharp Drop In Annual Profit

Thu, 6th Aug 2020 17:22

Fulcrum Utility Services Ltd - Sheffield-based multi-utility infrastructure and services provider - Posts revenue for the year ended March 31 down 5.7% to GBP46.1 million from GBP48.9 million recorded last year. Pretax profit falls sharply to GBP1.3 million year-on-year from GBP6.0 million. Operating loss GBP2.1 million from a profit of GBP6.1 million a year prior while administrative costs rise 15% to GBP13.6 million. Pleased to report sustained growth despite Covid-19 impact, however, will not be declaring a dividend for the year or providing guidance for the following year.

Current stock price: 29.00

Year-to-date change: up 0.9%

By Neetika Kurup; neetikakurup@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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