Interserve moves to calm investor nerves

By Will Ing2018-11-14T09:42:00

Statement comes after share price shredded

Interserve has issued a statement in an effort to settle investor nerves after its stock price nose-dived during Monday and Tuesday trading amid rumours the firm would seek a refinancing.

The company said: “Interserve notes recent press commentary surrounding the group and the movement in its share price.

“Interserve confirms that the implementation of the group’s strategy and the Fit for Growth transformation programme remains on track and the group continues to expect a significant operating profit improvement in 2018, in line with management’s expectations.”

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