Shares in fire safety technology company LifeSafe Holdings PLC (AIM:LIFS) surged 18% in early trade as sales growth in 2023 continued to exceed expectations.
Revenue in the first four months was £2.1mln, marking over a 200% increase compared to the same period last year, and outpacing the company's internal budgets by 15%.
To capitalise on the promising revenue opportunity in the second half, LifeSafe has secured a new £250,000 trade finance facility.
The stock was changing hands for 40.58p, up 6.08p.