REACT Group plc (LON:REAT), the leading specialist cleaning, hygiene, and decontamination company, will today hold its Annual General Meeting at midday in the BISHOPS SUITE, Novotel London Blackfriars, 46 Blackfriars Road, London SE1 8NZ.
Mark Braund, Executive Chairman, will make the following statement at the AGM:
“Upon releasing the Company’s results for the year ended 30 September 2023, we were delighted to announce a strong performance from the Group, marked by robust organic growth, improved profitability and strong cash conversion. We are pleased to announce that this momentum has continued into the current financial year and the Group is taking advantage of significant growth opportunities for its essential services. As a result, the Board is pleased to report that revenues for the first five months of FY24 were ahead of the same period in FY23.
“Each division has perfomed well and the Group continues to benefit from cross selling opportunities which not only enhance our offering but also contribute to the organic growth. It is particularly pleasing to deliver revenue growth in a challenging market environment where our customers are always striving for the best in class service that we offer.
“The Group continues to maintain a healthy balance sheet and is able to implement a considered programme to invest in people, processes and systems the benefits of which are already bearing fruit and will be more evident in future years.
“Despite the economic headwinds, the Board is cautiously confident about trading and will provide a trading update in May.”
