Optare (AIM:OPE) – significant contract win boosts the share price
Shares in the bus maker have surged on news of a significant contract win from Stagecoach - more needed!
The Group has received an order with a value of £7.3m from Stagecoach UK for the delivery of new Euro 6 Optare Solos of varying specifications. The order is in addition to 5 fully electric vehicles to be delivered this month.
Positive news for the under pressure bus maker which is a carrying a hefty debt load
It could do with a few more of these!