Water Intelligence lifted by new deals

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Water Intelligence lifted by new deals
Master Investor Magazine

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AIM-listed leak detection specialist Water Intelligence (LON:WATR) has seen its share price rise by 7.03% to 315.75p (as of 13:15 BST) after it won a number of contracts in North America. The 5 contracts in the US and Canada are worth a combined minimum of $300,000 and will start between the end of April and mid-June.

Executive Chairman Dr. Patrick DeSouza said: “ALD-led wins during Q1 produced a strong start. These Q2 wins led by WII will add to 1H momentum and help build an exciting story for 2019. Steve Gayler, our leader at WII has the operational experience and drive to enable WII to exceed our expectations. The reputation that WII is developing for its technology and execution leadership will produce increasing levels of opportunity for the Group“.

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