- Fulcrum Utility Services Limited, an independent energy and multi-utilities services provider, has announced that the full year results will be in line with market expectations and that it expects to release its preliminary results on 2nd June 2015.

The Company also confirmed that, in line with its stated corporate strategy, its transition to directly managed delivery has been successful and 102 employees will TUPE transfer on 01 April, doubling the size of the Company's workforce.

Fulcrum said that it is now poised for the next stage in its evolution with a solid platform from which the Company can deliver further growth.

In addition, the company stated that it has continued to win significant new contracts in its fourth quarter, which include:

· A £197k dual fuel infrastructure project to deliver new gas and electricity connections to 13 industrial and commercial units in South Yorkshire

· Two contracts on a single mixed use development in East Anglia with a combined value of £346k, to install new gas mains and services to 127 domestic properties

· Installation of gas mains and governors to a new mixed use site in North London. The £375k contract will start in summer 2015

· A £253k contract for gas infrastructure works to a new 171 plot housing development in Nottinghamshire

Commenting on the pre-close statement, Martin Donnachie, Chief Executive of Fulcrum stated:

"Fulcrum is delivering on its previously stated corporate strategy and this transition, along with the new business wins announced today, gives us confidence for the future."

At 1:11pm: [LON:FCRM] Fulcrum Utility Services Ltd share price was +1.26p at 12.13p

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