LONDON (Alliance News) - Fulcrum Utility Services Ltd on Wednesday said it remains on track to meet its full-year expectations, in a statement issued ahead of its annual general meeting.
The group said it won some key contracts in the first half to the end of September, including a GBP4.0 million deal to install a 13-kilometre gas pipeline to four Speyside distilleries on behalf of Chivas Brothers, Diageo and Ian MacLeod Distillers and a GBP500,000 deal to install gas infrastructure for Glasgow University.
"Today we are pleased to confirm to all our shareholders that results are on track to meet full-year expectations. Our recent contract wins validate the investments made in our operations to continually improve customer service and endorse the trusted client relationships we have built," said Chief Executive Martin Donnachie.
Shares in Fulcrum were up 6.2% to 17.25 pence on Wednesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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