Winner of the prestigious The Vendies 2017  The Route Operator of the Year award
Pay invoices
0845 519 0919
Invoice number:
Amount (GBR):
We use cookies on this website to ensure we give you the best experience and to see how people use the site. The cookies cannot identify you.
If you continue to use the site without changing your browser settings, we’ll assume you are happy with this.

    We aim to provide our customers
    across all sectors a market leading,
    innovative out of home food
    and drink experience


    Please join Uvenco in a free to enter
    competition predicting matches of the
    forthcoming football tournament.

  • NEWS

    Get the latest breaking news
    and feel free to subscribe to look
    forward the next ones


    is to provide our customers
    with bespoke solutions that are tailored
    to meet their specific


    Whether it’s a freestanding hot drink
    machine, complimented by a snack and
    cold drink machine, we can provide a
    machine solution which fit your
    individual sites, staff and requirements


    As a market-leader in new
    technology, we look to bring the
    latest concepts straight to
    our customers

  • Subsidiaries

    Within the Uvenco group, we
    have two other operating
    Snack-in-the-Box & Drinkmaster


    In today’s environment our
    customers like to have flexibility
    and we look to provide this
    through our wholesale service


    A bespoke on site self-serve convenience
    store, allowing you and your employees
    the opportunity to purchase high quality
    fresh products at your leisure for best


    When traditional coffee does
    not meet your demands and a
    Premium fresh milk espresso
    solution is required

  • Blog

    Welcome to our blog section


Trading Update

Uvenco UK plc (the "Company" or the "Group")

Trading Update

The Company is pleased to provide a trading update, based on the Group's unaudited management accounts for the nine month period ended 31 December 2016, following the change in year end from 31 March to 31 December.  All of the figures included in this announcement are subject to audit.

·    Consolidated revenues for the nine months to 31 December 2016 of £10.3 million  reflecting the seasonality profile of the period, which excludes January to March, typically higher revenue months;


·    Following the turnaround progress reported in our interim results last November, the Company expects to be positive at an operating profit before depreciation and amortization, exceptional items and interest ("EBITDA") level for the period.  EBITDA is expected to be in line with management expectations.  Similarly Net income and earnings per share are positive and in line with management expectations;


·    Secured borrowings decreased by 52% from £2.5 million at 31 March 2016 to £1.2 million at 31 December 2016, reflecting the continuing deleveraging of the balance sheet and, in particular, the impact of the refinancing in August 2016.  Following the period end, the Company announced a £410,000 loan agreement with Uvenco Group in Russia.


At the end of January the Company completed the sale of the premises at Corby.  This realised £328,000 of which £240,000 has been used to reduce the borrowings, resulting in secured borrowings of £1.0 million and net debt of £1.2 million at 31 January 2017.  Management has also engaged agents to market the Drinkmaster property at Liskeard on a sale and leaseback basis.  The property will be marketed at c. £625,000 and the proceeds will be used to further reduce Group debt.

Management is exploring refinancing alternatives to reduce the interest cost and will update the market in due course.

For further information:


Uvenco UK plc                                                                                  0208 879 8300

Sergei Kornienko, Chief Executive Officer

Peter Goodman, CFO and Company Secretary


Stockdale Securities Limited                                                        0207 601 6100

Tom Griffiths

Richard Johnson


This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.

This information is provided by RNS
The company news service from the London Stock Exchange