logo-loader
viewAggregated Micro Power Holdings PLC

Aggregated Micro's revenues ahead of expectations

Turnover for the year to March will be more than £42mln, against the £40mln forecast previously.

snow
Cold weather means more heating

Biomass boiler specialist Aggregated Micro Power Holdings plc (LON:AMPH) has upgraded its sales guidance for the year just ended for a second time.

Turnover for the year to March will be more than £42mln, against the £40mln forecast previously. AMP had already raised its revenue forecast from £30mln.

READ:Aggregated Micro Power has biomass appeal

Profits for the year will be ahead of last year at £1.8mln, with an increase in the value of 29%-owned financial products associate Incubex offsetting restructuring costs and one-off costs.

Richard Burrell, chief executive, said: “We have seen a significant expansion of our operations in 2017 and 2018 and we look forward to further progress across our Biomass Heat Business, our Projects Business and from our Investments in the new financial year."

Quick facts: Aggregated Micro Power Holdings PLC

Price: 85 GBX

AIM:AMPH
Market: AIM
Market Cap: £53.88 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Aggregated Micro Power Holdings PLC named herein, including the promotion by the Company of Aggregated Micro Power Holdings PLC in any Content...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Kavango Resources hits sulphide mineralisation at KSZ in...

Headlines from the Proactive UK newsroom. Kavango Resources (LON:KAV) has announced this morning its hit disseminated sulphide mineralization during drilling at their Kalahari Suture Zone Project in Botswana. Drilling on the third and last target is currently in progress. Aggregated Micro...

2 weeks, 1 day ago

2 min read