Prelim results21 Dec 2018 08:20
In line with the focus on credit control, a key objective is to optimise cash management to support future growth as well as the Group's progressive dividend policy. The Group has a strong balance sheet with healthy cash reserves. Letters of credit were issued during the year for £3.5m in total. It has become apparent that as the Group grows, its credibility within the energy market place has improved and as such so has its credit rating. In consequence, it is anticipated that in due course the level of trade credit afforded to the Group will improve.
Oooops.