StockMarketWire.com - Fulcrum Utility Services swung into the black in the six months to the end of September posting pre-tax profits of £1.6m against a loss of £0.2m last time.

Revenue rose by 2% to £17.1m while underlying EBITDA more than doubled to £2.0m.

Chief executive Martin Donnachie said: "Fulcrum has continued to make excellent progress. Our core operational model has been established and we have continued to deliver efficiencies, providing us with a robust platform for profitable growth. This solid position, together with our commitment to customer service, has supported us in achieving notable organic growth through contract wins and importantly the extension of our British Gas framework contract. We continue to move forward with confidence for the future as we remain on course to deliver value to all our stakeholders as well as being the UK's most trusted utility services partner."


At 9:56am: [LON:FCRM] Fulcrum Utility Services Ltd share price was +1.13p at 21p



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