Disposal of Restore Harrow Green

Summary by AI BETAClose X

Restore PLC has divested its Harrow Green business to Bouverie Holdings Ltd for £5.5m, with £2.0m contingent on FY26 performance. Harrow Green, which is expected to generate approximately £30m in revenue and £0.3m in adjusted operating profit for 2025, has become non-core to Restore. The disposal is anticipated to result in a non-cash loss of £3m and additional cash costs of £2m, with net proceeds used to reduce debt and reinvest in Restore's core operations.

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Companies

Restore (RST)
UK 100

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