Eaga profits keep growing in the crunch
ENERGY efficiency specialist Eaga has posted sales up 10% to £339.4m in the six months to November 30.
The Newcastle-based plc has benefited from ongoing growth in the company’s Carbon Emissions Reduction Target (CERT) delivery, achieving record volumes; increasing demand for the fuel poverty programmes Eaga manages; and continued development and growth across a range of outsourced contracts, including the first phase of the digital television switchover scheme for the BBC.
Pre-tax profits rose nearly 20% to £17.4m.
Chairman Charles Berry said: “The six month period has seen eaga continue its sound progress and achieve strong financial results. The business is focused on delivering continued growth against the backdrop of turbulent wider economic conditions and is performing well in the attractive and sustainable markets in which it operates.
“It is encouraging that the focus on the environmental agenda and the drive towards a low carbon economy has gathered further momentum over the period.”
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