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IN BRIEF: Restore activity levels continuing to progressively recover

Thu, 27th May 2021 17:56

Restore PLC - Redhill, England-based document management, commercial relocation and IT recycling business - Says trading for the four months to April 30 was in line with the board's expectations with activity levels continuing to progressively recover. Activity levels continue to show sustained improvement, with revenue for the period being 3% ahead of the comparative period for the previous year and 95% of the same pre-Covid-19 period during 2019, it adds.

"We continue to appraise a growing pipeline of further potential acquisitions, and with our strong financial position, we have the flexibility to respond quickly and execute attractive opportunities which may materialise during the second half of 2021," says Chief Executive Officer Charles Bligh.

Current stock price: 413.00 pence

Year-to-date change: flat

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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