REG - Northern Bear Plc - Trading Update

Northern BearAnnouncement

20/09/2018 07:05

RNS Number : 3173B
Northern Bear Plc
20 September 2018
 


20 September 2018
 
Northern Bear PLC
("Northern Bear", the "Company" or, together with its subsidiaries, the "Group")
 
Trading Update
The board of directors of Northern Bear plc (the "Board") is pleased to provide an update on its trading for the six month period ending 30 September 2018 ("H1 FY19").
In the Chairman's Statement in our last annual report and accounts for the year ended 31 March 2018 we stated that the current financial year had started well and that the Group continued to hold a high level of committed orders.  The Board is delighted to announce that, having sufficient visibility of results for H1 FY19, the unaudited interim results will show operating profit (stated prior to the impact of transaction costs and amortisation associated with the H Peel acquisition) ahead of prior year results. 
 
The Group continues to hold a significant order book and we are optimistic for continued strong trading in the second half of the financial year ending 31 March 2019.
 
The Group's unaudited interim results will be released in mid November 2018. 
 
 
For further information please contact:



Northern Bear Plc


 




Steve Roberts - Executive Chairman


+44 (0) 84 5680 2369




Tom Hayes -  Finance Director


+44 (0) 84 5680 2369




 


 




Strand Hanson Limited


 




James Harris / James Spinney


+44 (0) 20 7409 3494



 
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.




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