REACT Group plc (React) is a specialist cleaning business, operating across three activities: Contract Maintenance, accounting for 65.4% of revenues in FY22, whereby the Company delivers regular cleaning regimes to customers in the healthcare, education, retail, and public transport sectors. Contract Reactive, representing 18.3% of revenues in FY22, where the Group is the first responder to an on-call emergency response service under a formal contract/framework agreement, typically on a 24/7/365 basis. Ad Hoc, equating to 16.3% of FY22 revenues, provides a solution to one-off situations outside a framework agreement, such as for fly tipping, void clearance, and decontaminations.
30 Jun 2023
REACT Group - HY Results - Investor Presentation video - 29 June 2023
Mark Braund (Chairman), Shaun Doak (Chief Executive Officer) and Andrea Pankhurst (Chief Financial Officer) of REACT Group plc (AIM: REAT) conducted a live investor presentation covering their Interim results.
Management took investors through a detailed overview of the company, and talked through the highlights of the reporting period, which included strong growth in revenues & EBITDA. A rising proportion of recurring revenues, improving margins and strong cash generation in their specialist markets resulting in improved visibility. The team also touched on the outlook and their strategy as REACT aim to be the leading specialist cleaning business in Great Britain.
The full video recording of the investor presentation has been divided into chapters as below: 0:00:14 Introduction to REACT management team 0:01:44 REACT Group overview & customers 0:06:37 Interim Accounts summary & reporting segments 0:13:02 Outlook 0:15:18 Strategy 0:17:07 Significant shareholders & Summary 0:18:12 Questions & Answers
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