tiprankstipranks
REACT Group plc Announces Strong Interim Financials
Company Announcements

REACT Group plc Announces Strong Interim Financials

REACT Group plc (GB:REAT) has released an update.

REACT Group plc, a specialist cleaning and facilities management firm, reports a robust first half of 2024 with a 13% revenue increase to £10.6 million, and a significant boost in adjusted EBITDA by 35% to £1.3 million, reflecting strong sales momentum and high-margin business wins. The company has also secured and renewed multiple contracts, including a £1.3 million annual contract with a large university and several healthcare sector deals. With a solid sales pipeline and strategic investments, REACT is confident in meeting the full year market expectations.

For further insights into GB:REAT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskREACT Group Sees Major Voting Rights Shift
TipRanks UK Auto-Generated NewsdeskREACT Group PLC Stake Increased by Harwood Capital
TipRanks UK Auto-Generated NewsdeskREACT Group Announces Employee Stock Options
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!