logo-loader
viewAggregated Micro Power Holdings PLC

Growing into a very substantial company, says Aggregated Micro Power CEO

Richard Burrell of Aggregated Micro Power Holdings plc (LON:AMPH) says the acquisition of two woodchip supply firms gives the group a much wider and in-depth national presence.

“We’re building a nationwide wood fuels business,” he tells Proactive Investors.

Today’s acquisition gives the group around an 8% market share of the UK market, but it doesn’t stop there, says Burrell.

“We intend to look at further acquisitions, but only if they fit,” he adds.

The group has seen more and more manufacturers moving to this type of system, which could offer up plenty more opportunities in the future.

“Investors absolutely see the logic of us entering the wood fuels market, growing a substantial market share with our companies and partners in that industry, and as a result of that I think we can grow this business into a very substantial company.”

Quick facts: Aggregated Micro Power Holdings PLC

Price: 85 GBX

AIM:AMPH
Market: AIM
Market Cap: £53.88 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Aggregated Micro Power Holdings PLC named herein, including the promotion by the Company of Aggregated Micro Power Holdings PLC in any Content...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Aggregated Micro Power books strong year of growth

Richard Burrell, chief executive of Aggregated Micro Power Holdings plc (LON:AMPH), tells Proactive's Andrew Scott 2019 is shaping up to be another exciting year after enjoying strong growth last year. The bulk of the revenues - £40mln (2017: £15.8mln) came from the wood fuels divisions,...

on 4/7/18

2 min read