REACT Group Secures Landmark Drainage Contract in London

The latest update is out from REACT Group plc ( (GB:REAT) ).

REACT Group plc has secured a new twelve-month contract to offer commercial drainage services for a landmark site in Central London, through its recently acquired subsidiary, 24hrAquaflow. This contract highlights the positive impact of the acquisition, enhancing REACT’s service capabilities and opening up new cross-selling opportunities, which demonstrates the company’s strategic growth and dedication to its clients in the FM sector.

More about REACT Group plc

REACT Group plc is the UK’s leading support services provider to the facility management (FM) sector, operating through four divisions. It includes LaddersFree, a major commercial window cleaning business, Fidelis Contract Services which offers contract cleaning and soft facilities maintenance, and REACT which addresses emergency and specialist cleaning needs. The company recently expanded its services with the acquisition of 24hr Aquaflow Services Ltd, a business focused on commercial drainage and plumbing services in southern England.

YTD Price Performance: -7.14%

Average Trading Volume: 54,281

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £18.44M

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