Restore 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.
Read moreRestore's strong momentum carries into new year
20th May 2022 11:50
(Sharecast News) - Information management and document service provider Restore said in an update on Friday that trading for the four months ended 30 April was in line with its expectations, as the "strong" second half momentum last year carried into 2022.
Read moreRestore acquires Ultratec in £9.4m cash deal
4th May 2022 11:15
(Sharecast News) - Restore announced the acquisition of data erasure and destruction provider Ultratec on Wednesday, in a cash deal worth £9.4m.
Read moreRestore posts record financial performance for 2021
16th Mar 2022 08:27
(Sharecast News) - Document and information management company Restore reported a record financial performance in its audited results on Thursday, with revenue rising 28% year-on-year to £234.3m.
Read moreRestore ends strong year ahead of previous expectations
26th Jan 2022 09:36
(Sharecast News) - Information and document management company Restore said in a trading update on Wednesday that it generated strong trading momentum across the group through the final quarter, delivering 2021 performance ahead of its previous expectations.
Read moreRestore acquires Scotland-based digital firm Capture All
15th Dec 2021 12:46
(Sharecast News) - Restore has acquired 100% of Capture All, a digital services business based in Falkirk, for £0.9m, it announced on Wednesday.
Read moreRestore trading in line as it integrates acquisitions
11th Nov 2021 16:23
(Sharecast News) - Document and data management company Restore said in an update on Thursday that trading for the 10 months ended 31 October was in line with the board's expectations.
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