Eco Buildings Group plc
ECOB · AIM · Construction and Materials · mcap £16m · 11.0p 2 open situations →
- EV
- £20.6m
- EV / EBIT
- –
- Net debt
- £4.7m
- FCF yield
- -15.4%
- Revenue
- £1.5m
- Share price 1y
- −50%
- Insiders 12m
- no deals
- Next report
- around 29 Jun
Open · 2
Chile social housing contract
Eco signed an MOU with G2 Invest and appointed an EPC contractor for a Senegal production facility. The 30 Sept 2026 interims say G2 has allocated €1.75m for its 35% interest, available once the production line order is placed, and that progress is expected to be announced shortly.
- G2 stake
- 35% interest for a €1.75m capital contribution 30 Sep 2026 ↗
- Funding trigger
- Funding available upon placement of the order for the new production line 30 Sep 2026 ↗
- Next milestone
- Progress update expected shortly; no date 30 Sep 2026 ↗
Next: Order for new production line releases G2 funding
- 30 Sep 2026 Approval under government review; deposit delayed
- 14 Sep 2026 First block on top floor; completion early Q4
- 30 Jun 2026 Signed; deposit delayed into 2026
- 24 Jun 2026 Order placed; construction commenced
Gambia housing framework and factory
On 21 Sept 2026 Eco signed a binding framework with The Gambia's government and Lumen for a minimum 10,000-home programme, starting with 1,000 homes. The 30 Sept 2026 interims repeat that it is subject to definitive agreements on investment, financing, land, manufacturing and supply. No value is stated.
- Size
- Minimum 10,000 homes, initial minimum order 1,000; no value stated 30 Sep 2026 ↗
- Vehicle
- Eco Buildings Gambia Limited (NEWCO) to be the exclusive implementation entity
- Site
- Government to provide site of approximately 300m by 400m, with expansion rights
- Funding
- Facility specification, cost and funding not yet agreed; separate definitive agreements needed
- Lumen
- Co-signatory and long-standing business development service provider; formal NEWCO role to be defined
- Next milestone
- Set up NEWCO and agree definitive agreements; no dates given
Next: Set up NEWCO and agree definitive agreements
- 30 Sep 2026 Binding framework signed; definitive agreements pending
- 21 Sep 2026 Binding framework signed; definitive agreements pending
Company filings. Not investment advice.