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Amcomri Group Plc ( (GB:AMCO) ) has issued an announcement.
Amcomri Group Plc reported a successful fiscal year 2024, with revenues increasing by 24% to £58.1 million and adjusted EBITDA rising by 33% to £7.7 million. The company completed three strategic acquisitions and successfully raised £12 million through its AIM IPO to support its growth strategy. The acquisition of EMC Elite Engineering Services further enhances its Embedded Engineering Division, offering expanded technical services and cross-selling opportunities. The company is optimistic about its trading performance in 2025 and continues to evaluate potential acquisitions.
More about Amcomri Group Plc
Amcomri Group Plc is a UK-focused specialist engineering services and industrial manufacturing group that operates through two main divisions: the Embedded Engineering Division and the B2B Manufacturing Division. The company focuses on acquiring, integrating, and enhancing businesses that provide technical services to major UK infrastructure, transportation, and energy companies. Amcomri employs a ‘Buy, Improve, Build’ strategy, targeting acquisitions in niche markets and owner-manager retirement situations, aiming to improve financial performance and sustain enterprise value.
YTD Price Performance: -17.24%
Average Trading Volume: 37,305
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