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The Sureserve Group is pleased to announce its Annual Report the year ended 30 September 2022.

Key focuses this year are a continued strategy building on our social housing energy services; strong revenue, profit, cash and order book growth; increased average contract lengths; the successful integration of CorEnergy; development against our ESG targets and a strengthened Board.

Chief Executive Officer Peter Smith said "I am pleased to report a year of progress at Sureserve building on last year's momentum. Our order book of £593.5m is a tremendous asset, providing a clear line of sight of future revenues, and the shift to longer term contracts that we have seen gives us confidence in the year ahead and beyond."

 Last year we stated our ambition to be to be the UK's leading social housing energy services provider. We remain focused on pursuing a strategy of both organic growth and acquisitions to increase our presence in the gas heating and renewables sectors, and our acquisition of CorEnergy has proven to be a successful addition to our renewables expertise. In a fragmented market, our defined strategy supports our ambitions to be a leading social housing energy services provider delivering projects that matter at the forefront of the UK energy transition."

 The Group's experienced management teams are well placed to support our clients through the energy transition, and deliver against our ambition to double our sales and further improve net margins and earnings per share within the next four years."

I would like to thank the whole Sureserve team for their hard work during the year. We continue to offer a critical service to our clients, and I believe the business is well placed to benefit from the opportunities that lie ahead."

You can find a copy of the full Annual Report 2022 on our Results and Presentations section here.




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