Good Energy ( (GB:GOOD) ) has issued an update.
Good Energy Group PLC reported a strong financial performance for 2024, with a 16% increase in profit before tax to £6.6 million, despite a decrease in revenue due to reduced commodity costs. The company expanded its solar installation services through three acquisitions, enhancing its market position in renewable energy services. Good Energy also continued to innovate with new tariffs and products, maintaining its status as a leading green energy supplier. The impending acquisition by Esyasoft is expected to further bolster its growth and international presence.
More about Good Energy
Good Energy Group PLC is a UK-based company that supplies 100% renewable power and provides innovative energy services. It has long-term power purchase agreements with over 2,500 independent UK generators and is recognized for its commitment to a cleaner, distributed energy system. The company is a leader in the renewable energy market, holding B Corp accreditation and other eco-friendly certifications.
YTD Price Performance: 32.16%
Average Trading Volume: 62,471
Technical Sentiment Signal: Sell
Current Market Cap: £88.82M
Learn more about GOOD stock on TipRanks’ Stock Analysis page.