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GEI Environment Technologies is engaged in soil decontamination, environmental assessment and engineering services related to soil decontamination.
Recent Sector News
It may be based in Luton but the pump maker is seeing strong demand from the four corners of the globe.
The fruits of the restructuring at bespoke engineering firm Hayward Tyler are beginning to pay off, with revenue, margins and profits all on the rise.
Specialist Energy Group said profit margins are improving as part of its continuous improvement programme as it reported a 15 per cent increase in order intake. In an upbeat update to investors the engineer, which makes boiler circulation pumps used by the power generation industry, said it had also achieved annualised cost savings of £1 million.
The company will kick on now that it has the financing in place after a “difficult period” for the engineering firm, according to chief executive Ewan Lloyd-Baker.
Specialist Energy Group's proposed new financing measures mean its largest shareholder, MBE, will increase its stake to more than 40 per cent. CEO Ewan Lloyd-Baker emphasised this was not a takeover of the company but a strategic partnership.
Specialist Energy Group shares surge on new financing moves including £5 mln placing at significant premium
Shares in Specialist Energy Group surged this morning after it revealed important new financing arrangements and a placing to raise £5 million at a significant premium to the market price