Water, fire and pest control compliance services provider Green Compliance says the outcome for the year to March 2012 will be in line with expectations.
The company made four additional acquisitions in the past financial year. Existing businesses have gained new contracts and there is a robust bid pipeline with many opportunities at advanced stages of negotiation.
The core markets are fragmented and offer plenty of potential.
Interim revenues grew from £7.3m to £10.4m, helped by acquisitions. The underlying profit rose from £466,000 to £616,000. That excludes amortisation and acquisition and integration costs. Net debt was £5.3m at the end of September 2011 but there were two acquisitions after the period.
At 21.5p a share, Green Compliance is valued at £7.83m.
The full year figures will be published in June.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2012_30.pdf
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Africa Oilfield Logistics Ltd is the latest shell from former cricketer Phil Edmonds and it plans to raise £4.25m to help to finance the acquisition of a business providing services to the oil and gas sector in Africa.
Audio and video rights acquirer One Media IP Group has acquired the rights to the nineties version of The Adventures of Skippy.
A one-off export order worth £3.5m helped industrial computers and electronic components distributor Solid State achieve record figures in the year to March 2013.
Oil and gas company Silvermere Energy is in danger of having its main asset taken away of it does not pay the money it owes.