Consumer electronics repair specialist Regenersis rose after it reported strong figures and was bullish in its outlook.
Group revenue rose by 13% to £139.9m in the year to the end of June, with operating profit up 24% to £7.8m.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It added that the company was trading in line with market expectations and opportunities for global growth, both organically and by acquisition, remained good.
"Our markets and specific client contracts continue to show growth and present regular opportunities to win significant new business," said Chairman Matthew Peacock.
"The board continues to target double digit revenue growth on steadily improving operating profit margins and, given good return on capital employed, expects to continue its R&D and capital expenditure programme."
Shares were up over 10% at 1030 on Tuesday.
-
Michelin Key Hotels 2025: the top destinations in the worldThe Michelin Keys have been awarded to spectacular hotels across the world. From Marlon Brando's private resort in Polynesia to a Bvlgari hotel in Tokyo, we look at some of the most extraordinary stays in 2025
-
MoneyWeek news quiz: How much could you get in car finance compensation?The car finance scandal, inheritance tax, and house prices all made headlines over the past few days. Test your knowledge while reviewing this week’s top stories with MoneyWeek’s news quiz
