AIM newcomer reports ‘robust’ trading
NEWLY-floated Manchester -based home improvements business entu (UK) has reported “robust trading” in all divisions.
In a short trading update ahead ahead of its results for the year to October 31, which will be published in February, entu said it would meet market expectations.
The compny specialises in providing energy efficiency products and services to homeowners. This includes , installing solar panels, insulating walls and fitting boilers.
Chief executive Ian Blackhurst said: “This has been an exciting year, culminating in our admission to trading on AIM on 30 October 2014, which was a recognition of the group’s development to date and is helping to increase awareness of the entu brand.
“Public awareness of the economic and environmental benefits of energy efficient home improvements continues to increase and we are well positioned in this growing market. We look forward to providing a more detailed update on the year’s performance in February.”
October’s AIM IPO, led by Manchester-based Zeus Capital, valued entu at more than £65m. The company raised more than £32m through the listing.
The company is headquartered on Tib Street in Manchester city centre and operates 71 sales and marketing offices across the UK. Customer services are delivered from two service centres in Norwich and Winsford in Cheshire and there are 14 installation and service centres. Its ationwide installation service is called A Job Worth Doing.
