- Fulcrum Utility Services posts a pre-tax profit of £3.1 million for the six months to the end of September - up from £1.6m last time. EBITDA rose to £3.5m - up from £2.0m.

Revenue rose by 0.6% to £17.2m while gross margin increased by 7.9%.

Chief executive Martin Donnachie said: "Fulcrum continues to focus on becoming the UK's most trusted utility services partner and is delighted to deliver another set of strong results. The numbers demonstrate how our integrated business model of providing multi-utility infrastructure services and growing our asset base continues to deliver financial and operational growth.

"Fulcrum is well-positioned to grow sustainably in the utility services market through ongoing investment in our people and processes to deliver customer focused, streamlined operations. We believe this approach will continue to provide opportunities for further profitable growth, sustained cash generation and returns to our shareholders."

At 9:37am: [LON:FCRM] Fulcrum Utility Services Ltd share price was -1.75p at 49.5p

Story provided by