31 Jul 2012 07:00
31 July 2012
Utilitywise plc
("Utilitywise" or the "Company")
Trading Update
Utilitywise, a leading independent utility cost management consultancy which was admitted to AIM on 12 June, is pleased to provide a trading update for its financial year ending 31 July 2012.
Revenues for the full year are expected to be broadly in line with market expectations whilst profit before tax is anticipated to be marginally ahead of forecasts. Cash balances at 31 July are expected to be approximately £8.1 million.
Trading remains strong and the Company is confident in its ability to deliver continued organic growth, as well as identify suitable earnings enhancing acquisition opportunities.
Utilitywise expects to announce its full year results to 31st July, in the second week of October 2012.
For further information:
Utilitywise PLC | 0870 626 0559 |
Geoff Thompson, CEO | |
Adam Thompson, COO | |
Andrew Richardson, CFO | |
finnCap (NOMAD and broker) | 0207 220 0500 |
Matt Goode / Charlotte Stranner / Henrik Persson (Corporate Finance) Simon Johnson (Corporate Broking) | |
Hub Capital Partners Ltd | 020 7535 1710 |
Stephen Bourne | |
Newgate Threadneedle | 020 7653 9850 |
Josh Royston /John Coles/ Hilary Millar |
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Utilitywise (UTW)