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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, which chipped in with underlying earnings (Ebitda) of £1.9mln (2017: £750,000).

Profit before tax for the group as a whole soared 78% to £1.66mln from £933,480 the previous year.

Quick facts: Aggregated Micro Power Holdings PLC

Price: 73 GBX

AIM:AMPH
Market: AIM
Market Cap: £46.28 m
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Aggregated Micro Power acquires wood pellet group Billingtons

Richard Burrell, chief executive of Aggregated Micro Power Holdings plc (LON:AMPH), discusses with Proactive their acquisition of the wood pellet group Billingtons. AMPH is buying Billingtons from Drax for £2mln, of which £400,000 will be in cash and £1.6mln in shares at a price of...

on 25/10/17

2 min read