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
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