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Pin to quick picksReact Group Share News (REAT)

Share Price Information for React Group (REAT)

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Share Price: 75.50
Bid: 75.00
Ask: 76.00
Change: 1.00 (1.34%)
Spread: 1.00 (1.333%)
Open: 74.50
High: 75.50
Low: 74.50
Prev. Close: 74.50
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React Group expects loss as it closes subsidiary

Thu, 22nd Dec 2016 07:35

(ShareCast News) - Cleaning and decontamination service provider React Group warned it expects to make a loss for the year as it closes its bio-recovery and environmental management subsidiary EPUK after seven months of ownership.The AIM-listed company is to close EPUK, which it bought in April for £10,000, as it "failed to deliver the level of profitable business, or cross-selling to other group customers" despite "efforts made to integrate the business".The company believes that the subsidiary "has limited prospects of generating an acceptable return, given the significant diversion of management time and the likely costs involved to address the situation".It now expects to make a loss between £250,000 and £300,000 for the year ended 30 September, of which about £180,000 relates to EPUK for liabilities and trading losses since the acquisition.No further consideration is expected to be paid under the original agreement of the acquisition.The remaining losses are related to the costs associated with integration of other new subsidiaries.Chief executive Grahame Rummery said: "EPUK has been a very disappointing situation for the company. By closing the business the management team is now able to concentrate its attention and efforts on the rest of the React Group to raise sales and to improve margins for the group."
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29 May 2024 08:40

React Group hails contract wins following interim revenue boost

(Alliance News) - React Group PLC on Wednesday celebrated a "robust" interim performance, after meeting revenue and earnings expectations for the first half on several contract wins.

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22 May 2024 14:45

UK earnings, trading statements calendar - next 7 days

Thursday 23 May 
AJ Bell PLCHalf Year Results
Argo Blockchain PLCQ1 Results
Aviva PLCTrading Statement
Bloomsbury Publishing PLCFull Year Results
Braemar PLCFull Year Results
Bytes Technology Group PLCFull Year Results
Eneraqua Technologies PLCFull Year Results
Energean PLCTrading Statement
Essentra PLCTrading Statement
Great Portland Estates PLCFull Year Results
Headlam PLCTrading Statement
Helical PLCFull Year Results
Hill & Smith PLCTrading Statement
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
Johnson Matthey PLCFull Year Results
National Grid PLCFull Year Results
Petershill Partners PLCTrading Statement
Picton Property Income LtdFull Year Results
Qinetiq Group PLCFull Year Results
Tate & Lyle PLCFull Year Results
Tharisa PLCHalf Year Results
Friday 24 May 
Intertek Group PLCTrading Statement
Volvere PLCFull Year Results
Monday 27 May 
no events scheduled 
Tuesday 28 May 
TheraCryf PLCFull Year Results
Princess Private Equity Holding LtdQ1 Results
Victorian Plumbing Group PLCHalf Year Results
Xeros Technology Group PLCFull Year Results
Wednesday 29 May 
Bank of Georgia Group PLCQ1 Results
Impax Asset Management Group PLCHalf Year Results
Pets At Home Group PLCFull Year Results
React Group PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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25 Apr 2024 11:36

React Group backs annual guidance on robust first half performance

(Alliance News) - React Group PLC on Thursday touted the strength of its pipeline, as it expects to meet annual expectations on the back of a strong first half.

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25 Apr 2024 08:02

React H1 revenues grow, EBITDA surges

(Sharecast News) - Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.

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4 Apr 2024 14:34

React Group secures three big contracts

(Sharecast News) - Cleaning, hygiene and decontamination service provider React Group announced the acquisition of three significant contracts, collectively valued at over £1.3m annually, on Thursday.

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4 Apr 2024 13:10

React says three new contracts demonstrate demand and opportunities

(Alliance News) - React Group PLC on Thursday announced a continued trading momentum, as it noted new contracts.

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28 Mar 2024 13:44

EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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21 Mar 2024 14:59

UK shareholder meetings calendar - next 7 days

Friday 22 March 
Kitwave Group PLCAGM
Triple Point Energy Transition PLCGM re managed wind-down
URU Metals LtdAGM
Monday 25 March 
Digital 9 Infrastructure PLCGM re managed wind-down
Hardide PLCAGM
Sondrel Holdings PLCGM re convertible loan agreement and proposed fundraise
Tuesday 26 March 
Becket Invest PLCAGM
Power Metal Resources PLCAGM
Power Metal Resources PLCGM re share consolidation
Riverstone Energy LtdEGM re proposed tender offer
Titon Holdings PLCAGM
Tribe Technology PLCAGM
Wednesday 27 March 
abrdn Private Equity Opportunities Trust PLCAGM
Asimilar Group PLCAGM re cancellation from AQSE
Kondor AI PLCAGM
Nexus Infrastructure PLCAGM
RC365 Holding PLCGM re convertible loan note issue
Tekmar Group PLCAGM
Troy Income & Growth Trust PLCGM re proposed combination
Thursday 28 March 
Autins Group PLCAGM
Dar Global PLCAGM
Idox PLCAGM
Law Debenture Corp PLCAGM
Malin CorpAGM
MediaZest PLCAGM
React Group PLCAGM including vote on share consolidation
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.

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11 Feb 2024 17:12

Sunday share tips: React, DiscoverIE

(Sharecast News) - The Financial Mail on Sunday's Midas column sounded an upbeat note on shares of React, the cleaning specialist.

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6 Feb 2024 14:18

EXTRA: React hails "impressive" results as earnings more than double

(Alliance News) - React Group PLC on Tuesday said it was "delighted" by its "impressive" set of full-year results, crediting a strong client base strengthened by recent "cash generative" acquisitions.

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6 Feb 2024 08:45

React swings to profit as acquistitions boost annual revenue

(Alliance News) - React Group PLC on Tuesday said it swung to a profit in financial 2023, as its revenue jumped.

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2 Feb 2024 16:07

UK earnings, trading statements calendar - next 7 days

Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
React Group PLCFull Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Wednesday 7 February 
Ashmore Group PLCHalf Year Results
Barratt Developments PLCHalf Year Results
HydrogenOne Capital Growth PLCTrading Statement
Phoenix Spree Deutschland LtdTrading Statement
PZ Cussons PLCHalf Year Results
Smurfit Kappa Group PLCFull Year Results
UK Commercial Property REIT LtdTrading Statement
Thursday 8 February 
Anglo American PLCTrading Statement
AstraZeneca PLCFull Year Results
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
Redrow PLCHalf Year Results
SSE PLCTrading Statement
Unilever PLCFull Year Results
Friday 9 February 
Bellway PLCTrading Statement
S&U PLCTrading Statement
Victrex PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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12 Dec 2023 11:54

IN BRIEF: React Group hires new finance chief from end of January

React Group PLC - Birmingham, England-based cleaning, hygiene and decontamination firm - Appoints Spencer Dredge as chief financial officer, effective at the end of January. Incumbent CFO Andrea Pankhurst will step down from the board at this time and assume the part-time role of finance director within the company. Dredge joins from AIM-listed SmartSpace Software PLC, which he joined in March 2015 as CFO before becoming chief operating officer.

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10 Oct 2023 10:33

React wins contract extension with 'major university'

(Sharecast News) - Cleaning outfit React Group has been awarded a contract extension to provide maintenance, cleaning and hygiene services within the education sector for an unnamed "major university".

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10 Oct 2023 10:16

React Group shares rise on contract extension with "major university"

(Alliance News) - React Group PLC shares were boosted on Tuesday, after it said it has won a contract extension with an unnamed "major university."

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