Restore Share News (RST)

Restore CFO hands in his resignation

(Sharecast News) - Information management specialist Restore announced on Wednesday that, after almost four years of service, its chief financial officer Neil Ritchie had notified the board of his intention to step down as CFO in order to pursue other business interests.

Restore Finance Chief Neil Ritchie steps down after four years

(Alliance News) - Restore PLC on Wednesday said Chief Financial Officer Neil Ritchie will depart after four years in the role.

UK dividends calendar - next 7 days

LONDON BROKER RATINGS: Liberum cuts Greggs; RBC raises AB Foods

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Restore lowers profit forecast as technology segment slows

(Sharecast News) - Digital and information management specialist Restore reported revenue of £92.8m for the first four months of the year in a trading update on Monday, representing growth of 4% year-on-year, though it also lowered its profit expectations amid a slower recovery in technology.

IN BRIEF: Restore shares down as lowers 2023 profit guidance to flat

Restore PLC - London-based provider of digital and information management and lifecycle services - Revenue for the first four months of 2023 amounts to GBP92.8 million, up about 4% year-on-year. Says in Digital & Information Management, substantial price increases are implemented at the start of the year. Looking ahead, expects growth in revenue and adjusted earnings before interest, tax, depreciation and amortisation in excess of 5% in 2023. In 2022, adjusted Ebitda was GBP81.5 million. However, expects adjusted pretax profit to be below its previous expectations, in the range of GBP41 million to GBP43 million, which would be flat on GBP41.0 million last year.

Berenberg reiterates 'buy' rating on Restore

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on document management group Restore on Friday, stating recent defensive growth implied it would have a "better 2023".

Restore confident after strong full-year performance

(Sharecast News) - Digital and information management provider Restore reported a 19.1% increase in revenue to £279m in its full-year results on Thursday, driven by organic growth of 11% and a contribution from acquisitions of 8%.

Restore posts slight profit rise in 2022, remains confident for 2023

(Alliance News) - Restore PLC on Thursday reported that its pretax profit ticked up slightly in 2022 as it felt the impact of higher interest rates and the bite of inflation.

UK earnings, trading statements calendar - next 7 days

Restore growth boosted by contract wins; positive outlook for 2023

(Alliance News) - Restore PLC on Wednesday said 2022 performance was in line with expectations, as it enters 2023 with "positive momentum".

Canaccord Genuity reiterates 'buy' rating on Restore

(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating and 590.0p target price on mission-critical services provider Restore on Wednesday, calling the stock "resilient and misplaced".

UK earnings, trading statements calendar - next 7 days

Restore hails good momentum, expects annual strong growth in earnings

(Alliance News) - Restore PLC on Tuesday said recent trading has continued the positive momentum seen through the first half with "significant contract wins and expansion in activity levels".

Canaccord Genuity lowers target price on Restore

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on mission-critical services provider Restore from 645.0p to 590.0p on Tuesday, stating that cost impacts had somewhat offset building momentum.