Bilby Plc (AIM: BILB.) – cracking results from the AIM new boy
Maiden AIM results from the gas heating and building services provider, which only arrived on AIM in March 2015 look very good.
Bilby Plc, the holding company for P&R Installation Company Limited, was established to provide a platform for strategic acquisitions in the gas heating and building services industries. Bilby’s first acquisition was P&R, an established and award winning provider of gas heating appliance installation and maintenance services. P&R provides services predominately to local authorities and housing associations across London and South East England and is responsible for over 100,000 properties. The Group was admitted to Aim on 2nd March 2015 having raised gross proceeds of £2.5m at a price of 58p per share. Turnover for the 14 months to end March…