REACT (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, is pleased to announce its final results for the year ended 30 September 2021.
React is delighted to report strong progress in the year to 30th September 2021. The company’s strategy for growth is clear; we will continue to build a leading position across our business to become the country's most trusted name in the provision of specialist cleaning, decontamination, and hygiene services.
“I am delighted to report strong progress in the year to 30th September 2021, the third trading year successfully reported by this management team, the second full year since the business was restructured and the first year in which it made its maiden acquisition, that of Fidelis Contract Services Ltd (Fidelis).” Mark Braund, Chairman
"On behalf of the Board I wish to thank all of my colleagues across the Group, including our new colleagues from Fidelis, for their dedication, hard work and tenacity… Our performance as a team, is a reflection of their commitment and talent. I very much look forward to working with them in 2022 and beyond." Shaun Doak, Chief Executive.
The new financial year has begun well, with a small number of post-period contract awards announced, some of which are material in value. There also remain opportunities for growth from within in the contracts awarded last year, where they have yet to reach expected maturity, including the large 3-year 'core vendor' award made to REACT by one of the world's largest FM companies.