REG-PHSC Plc: AGM Statement <Origin Href="QuoteRef">PHSC.L</Origin>

PHSCAnnouncement

11/09/2017 07:00

11 September 2017

PHSC PLC

AGM Statement

PHSC plc (“the Group”), a leading provider of health, safety, hygiene and
environmental consultancy services and security solutions to the public and
private sectors, is holding its Annual General Meeting at 10.00am today at The
Old Church, 31 Rochester Road, Aylesford, Kent ME20 7PR.  At the meeting, the
Group Chief Executive, Stephen King, will make the following statement:-

“I am pleased to report that the Group’s performance for the first four
months of the year to the end of July 2017 has been in line with the Board’s
expectations at the time we released our results for the year ended 31 March
2017.  In the statement accompanying those results, we advised that for the
first quarter of 2017-18 the Group had total revenues of £1.82m and EBITDA of
around £120k.  This can now be updated to cover the four months to the end
of July 2017, where the Group’s management accounts (unaudited) show
revenues of £2.43m and EBITDA of £134k (before exceptional costs). This
compares very favourably with an EBITDA loss of £94k on revenues of £2.3m at
the same stage last year. The exceptional costs comprised redundancy payments
in July of around £9k at our Adamson’s Laboratory Services subsidiary.

We expect to announce our interim results for the period to 30 September 2017
in early December 2017, together with detailed commentary on individual
subsidiary performances.”

For further information please contact:

 PHSC plc Stephen King Stephen.king@phsc.co.uk www.phsc.plc.uk                       01622 717700   
 Northland Capital Partners Limited (Nominated Adviser) Edward Hutton/David Hignell  0203 861 6625  
 Beaufort Securities Limited (Broker) Elliot Hance                                   020 7382 8300  

About PHSC

PHSC plc, through its trading subsidiaries Personnel Health & Safety
Consultants Ltd, RSA Environmental Health Ltd, Adamson's Laboratory Services
Ltd, QCS International Ltd, Inspection Services (UK) Ltd and Quality Leisure
Management Ltd, provides a range of health, safety, hygiene, environmental and
quality systems consultancy and training services to organisations across the
UK. B to B Links Ltd and SG Systems (UK) Ltd offer innovative retail security
solutions including tagging, labelling and CCTV.



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