updates21 Apr 2021 17:31
React Group PLC - South Derbyshire-based cleaning, hygiene and decontamination - Makes strong progress in six months to March 31, with 19% organic revenue growth to GBP2.5 million and 43% organic growth in gross profit to GBP1.0 million. "Growth was the result of strong underlying performance in the core business alongside some demand for Covid-19 decontaminations. Healthcare, rail and facilities management sectors performed well, augmented by incremental business in other areas such as education and residential care homes," company says. Expects earnings before interest, tax, depreciation and amortisation - before exceptional items relating to the acquisition of Fidelis and some restructuring - to be in excess of GBP350,000, "materially higher" than the GBP85,000 posted a year ago.