REG - Amcomri Group PLC - £12.9m Contract Win

AmcomriAnnouncement

30/06/2025 07:00

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RNS Number : 8544O  Amcomri Group PLC  30 June 2025

30 June 2025

 

Amcomri Group plc

("Amcomri", the "Company" or the "Group")

 

£12.9m Contract Win

 

Amcomri Group plc (AIM: AMCO), the "Buy, Improve, Build" UK focused,
specialist engineering services and industrial manufacturing group, is pleased
to announce that it has secured a new £12.9m contract within the Group's
Embedded Engineering division, to be delivered over the next two financial
years, with a UK-based developer and operator of facilities associated with
the renewable energy sector.

 

Work on the contract will commence shortly and will be completed by companies
within the Group's Embedded Engineering division, contributing to the Group's
current FY25 expectations. The contract works will be delivered over the next
two financial years FY25 and FY26, and positions the Group well for future
follow-on opportunities in this growing sector.

 

Hugh Whitcomb, Co-Founder and CEO of Amcomri, commented:

 

"We are delighted to have secured this significant milestone contract within
the renewable energy sector that further reinforces the Group's Embedded
Engineering capability and technical service offering, whilst further
improving our earnings prospects for FY25/FY26."

 

 

Enquiries:

 

 Amcomri Group plc                                           Via Walbrook
 Hugh Whitcomb, Chief Executive Officer                      Tel: +44 (0)20 7933 8780

 Mark O'Neill, Investment Director
 Siobhán Tyrrell, Chief Financial Officer

 Cavendish Capital Markets Limited                           Tel: +44 (0)20 7220 0500
 Adrian Hadden/Katy Birkin/Isaac Hooper - Corporate Finance
 Michael Johnson/Jasper Berry - Sales

 Andrew Burdis/Jamie Anderson - ECM

 Walbrook PR Ltd                                             Tel: +44 (0)20 7933 8780
 Tom Cooper / Nick Rome                                      amcomri@walbrookpr.com

To find out more, please visit: www.amcomrigroup.com
(http://www.amcomrigroup.com)

 

Certain of the information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the UK version of
the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended and supplemented from
time to time.

 

Notes to Editors:

 

Amcomri is a "Buy, Improve, Build" group focusing on acquiring, integrating
and enhancing specialist engineering services and industrial manufacturing
businesses that provide technical services to major UK infrastructure,
transportation and energy companies and bespoke mission-critical services to a
diverse range of sectors and markets.

 

The Group currently operates through the following two divisions:

 

(i)  Embedded Engineering Division: provides specialist technical and
engineering services for major industrial, infrastructure and transportation
clients, typically with complex technical needs and undertaken in operating
environments where safety and compliance performance are critical
requirements. The division predominantly provides engineering services and
support for their clients' capital intensive, mission-critical assets such as
high voltage electrical transmission systems, petrochemical and continuous
process operations, and large power generation plants.

 

(ii)  B2B Manufacturing Division: focuses on selective niche B2B markets or
businesses, where the Group has identified an opportunity to achieve enhanced
financial performance by leveraging an initially strong competitive market
position combined with the Group's business improvement capabilities.

 

The Group operates across a diverse range of sectors and markets, including
industrial, infrastructure and mass transportation. The Group deploys a
structured "Buy, Improve, Build" strategy with a track record of value
enhancing acquisitions in the industrial environment. It has a particular
focus on leveraging the Group's experience and track record in relation to
acquisitions arising from owner manager 'retirement' situations, where there
are no, or limited, alternative plans for succession to sustain the enterprise
value present within the target business.

 

The Group has been created through a series of 17 successful acquisitions,
comprising the acquisition of 13 operating companies and 4 bolt-on
asset/business purchases, each of which has been integrated into the Group.
The Group's businesses have grown organically and are well placed to take
advantage of the positive opportunities that exist in their respective end
markets.

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