Restore swings to statutory loss amid market challenges
14th Mar 2024 12:24
(Sharecast News) - Digital information and document management specialist Restore reported a 1% fall in full-year revenue on Thursday, to £277.1m, while facing a more substantial 15% drop in adjusted operating profit to £44.3m.
Read moreRestore ends year in line with market expectations
18th Jan 2024 14:33
(Sharecast News) - Document management and technology recycler Restore said in an update on Thursday that it was on track to report adjusted profit before tax for 2023 in line with market expectations.
Read moreRestore confident despite tougher trading conditions
16th Nov 2023 14:11
(Sharecast News) - Digital and information management specialist Restore described resilient trading in an update on Thursday, with growth in various segments of its operations.
Read moreRestore appoints new finance chief, non-executive chair
30th Oct 2023 08:35
(Sharecast News) - Digital and information management specialist Restore announced significant changes to its board of directors on Monday, with Dan Baker appointed as its new chief financial officer (CFO) and director, effective 13 November.
Read moreRestore seals £140m contract with HMRC
6th Sep 2023 13:56
(Sharecast News) - Shares in document management firm Restore surged on Wednesday after the company announced a £140m contract with with HMRC.
Read moreRestore confident despite first-half difficulties
16th Aug 2023 09:37
(Sharecast News) - Digital and information management specialist Restore reported a robust first-half revenue performance on Wednesday, driven by strong performances in records management, recurring income streams of the digital division, and Harrow Green.
Read moreRestore lowers expectations amid technology division struggles
4th Jul 2023 09:16
(Sharecast News) - Restore reported ongoing growth in its core records management division in a trading update on Tuesday, but flagged weaknesses in its technology business.
Read moreRestore CFO hands in his resignation
14th Jun 2023 10:27
(Sharecast News) - Information management specialist Restore announced on Wednesday that, after almost four years of service, its chief financial officer Neil Ritchie had notified the board of his intention to step down as CFO in order to pursue other business interests.
Read moreRestore lowers profit forecast as technology segment slows
15th May 2023 12:45
(Sharecast News) - Digital and information management specialist Restore reported revenue of £92.8m for the first four months of the year in a trading update on Monday, representing growth of 4% year-on-year, though it also lowered its profit expectations amid a slower recovery in technology.
Read moreBerenberg reiterates 'buy' rating on Restore
17th Mar 2023 13:34
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on document management group Restore on Friday, stating recent defensive growth implied it would have a "better 2023".
Read moreRestore confident after strong full-year performance
16th Mar 2023 15:12
(Sharecast News) - Digital and information management provider Restore reported a 19.1% increase in revenue to £279m in its full-year results on Thursday, driven by organic growth of 11% and a contribution from acquisitions of 8%.
Read moreCanaccord Genuity reiterates 'buy' rating on Restore
1st Feb 2023 08:52
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating and 590.0p target price on mission-critical services provider Restore on Wednesday, calling the stock "resilient and misplaced".
Read moreCanaccord Genuity lowers target price on Restore
22nd Nov 2022 11:05
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on mission-critical services provider Restore from 645.0p to 590.0p on Tuesday, stating that cost impacts had somewhat offset building momentum.
Read moreRestore confident despite rise on cost of borrowing
22nd Nov 2022 08:35
(Sharecast News) - Document management and digital service provider Restore said in an update on Tuesday that its recent trading continued the positive momentum it reported in the first half, with "significant" contract wins and an expansion in activity levels.
Read moreRestore warns of higher finance costs after strong first half
28th Jul 2022 14:27
(Sharecast News) - Restore reported a 32% improvement in revenue in its first half on Thursday, to £140.3m, driven by "strong" organic momentum of 14%, and the integration of acquisitions driving growth of 13%, though it did warn of higher finance costs for the full year.
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