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IN BRIEF: Yu Group makes strong start to year with record revenue

Thu, 26th May 2022 19:16

Yu Group PLC - UK supplier of gas, electricity and water - Reports a strong start to the year and expects its full-year performance to be in line with expectations. Notes "significant" revenue growth in the four months ending April 30. Average monthly bookings for the four months stands at GBP13.0 million, up 81% against the previous year.

Chief Executive Bobby Kalar says: "Despite commodity market volatility, we have delivered record revenues for the four months to 30th April 2022, with continued strong momentum."

Current stock price: 197.50 pence

12-month change: down 16%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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