REG - Northern Bear Plc - Trading Update

Northern BearAnnouncement

11/03/2019 07:05

RNS Number : 3812S
Northern Bear Plc
11 March 2019
 


11 March 2019
Northern Bear plc
("Northern Bear" or the "Company")
 
Trading update
 
The Board of Directors (the "Board") of Northern Bear is pleased to provide an update on trading for the financial year ending 31 March 2019.
 
Since publication of the interim report in November 2018, the Company and its subsidiaries (together the "Group") have continued to trade well.  Based on management information for the ten months to January 2019, the Group has traded ahead of management expectations and in line with the outstanding prior year results.
 
While the final two months of the financial year is a key trading period for the Group, the Board's current expectation is that operating profit (prior to the impact of non-cash amortisation and transaction costs) will be broadly in line with the prior year.
 
 
For further information, please contact:



Northern Bear PLC
Steve Roberts - Executive Chairman
Tom Hayes - Finance Director


+44 (0) 166 182 0369
 
 
 




Strand Hanson Limited (Nominated Adviser and Broker)
James Harris
James Spinney
James Bellman


+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.




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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