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.

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