StockMarketWire.com - Yu Group, an independent supplier of gas and electricity to the UK corporate sector, achieved average annualised bookings per month of £6.6 million in the first four months of the year, 29% higher than the average of £5.1 million during 2017.

Group contracted revenues at the end of April 2018 rose to £65.7 million from £50 million at 31 December 2017.

The group generated £1.6 million of free cash flow, resulting in cash balance as at 30 April 2018 of £18.6m.

Yu has also announced that Nick Parker, who has been the group's chief financial officer since September 2015, intends to leave the company on 31 July 2018 to pursue other opportunities.


At 9:11am: [LON:YU.] Yu Group Plc share price was -50p at 1075p



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