RE: Oh dear28 May 2025 13:44
The Directors of Totally believe the outlook for the underlying operations are positive. The Company expects to announce further new contract wins over the coming months. The Group is profitable on a monthly basis. Operationally, the business also continues to perform strongly with customer satisfaction remaining high. Nevertheless, the Directors recognise that the Group needs to strengthen its balance sheet over the coming months so the Company has commenced a strategic review intended to raise further funding to support and rightsize its business and to protect the interests of all stakeholders (see RNS titled "Launch of Strategic Review" announced separately today).