StockMarketWire.com - Compliance and energy support services group Sureserve said its net debt at the end of September was expected to around £7.6m.

The company said that it had paid down a further £4m of its revolving credit facility to NatWest Bank shortly before the end of its financial year through September.

Post the year end, the company said it had received £930k in relation to the sale of Orchard Energy to World Fuel Services.

'Continuing from our recent trading update, I am very pleased with our cash management whilst at the same time the group is in a strong place to continue to build a profitable platform for future growth,' executive chairman Bob Holt said.

'I look forward to bringing you news of further successes for the group.'




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