REG - Fulcrum Utility Srvc - Stmnt re Share Price Movement

Fulcrum Utility ServicesAnnouncement

21/03/2019 10:55

RNS Number : 5944T
Fulcrum Utility Services Ltd
21 March 2019
 


21 March 2019
FULCRUM UTILITY SERVICES LIMITED
("Fulcrum" or the "Company")
Statement re Share Price Movement
 
Fulcrum Utility Services Limited, the UK's market leading independent multi-utility infrastructure and services provider, notes the recent share price movement and confirms that it will publish a trading update as usual on 28 March 2019 for the year ending 31 March 2019.  Ahead of that update, the Company can confirm that it expects FY 2019 revenues to be approximately £57.0 million (2018: £44.6 million) and adjusted EBITDA to be approximately £11.0 million (2018: £8.4 million). 
 
Enquiries:



Fulcrum Utility Services Limited
Hazel Griffiths, Chief Financial Officer
 
Cenkos Securities plc (Nominated adviser and broker)
Max Hartley (Nomad) / Nick Searle (Sales)
 
Camarco (Financial PR advisers)
Ginny Pulbrook / Tom Huddart
 
 


+44 (0)114 280 4102
 
 
+44 (0)20 7397 8900
 
 
+44(0)203 757 4992
 



Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.
 
In 2018 Fulcrum acquired the Dunamis Group, an electrical infrastructure services company, creating one of the UK's leading gas and electrical infrastructure services groups.
 
http://www.fulcrum.co.uk/




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