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Amcomri Group Secures £12.9m Renewable Energy Contract

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Amcomri Group Secures £12.9m Renewable Energy Contract

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Amcomri Group Plc ( (GB:AMCO) ) just unveiled an announcement.

Amcomri Group Plc has secured a significant £12.9 million contract within its Embedded Engineering division, to be executed over the next two financial years with a UK-based renewable energy developer. This contract is expected to bolster the company’s earnings for FY25 and FY26 and enhance its positioning in the growing renewable energy sector, potentially leading to further opportunities.

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, with a history of value-enhancing acquisitions, particularly in situations where there are limited succession plans.

Average Trading Volume: 110,868

Learn more about AMCO stock on TipRanks’ Stock Analysis page.

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