PHSC Phsc Plc

 
TIDMPHSC 
 
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 GBP1.82m and EBITDA of 
around GBP120k.  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 GBP 
2.43m and EBITDA of GBP134k (before exceptional costs). This compares very 
favourably with an EBITDA loss of GBP94k on revenues of GBP2.3m at the same stage 
last year. The exceptional costs comprised redundancy payments in July of 
around GBP9k 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                                                       01622 717700 
Stephen King 
Stephen.king@phsc.co.uk 
www.phsc.plc.uk 
 
 
Northland Capital Partners Limited (Nominated Adviser)         0203 861 6625 
Edward Hutton/David Hignell 
 
Beaufort Securities Limited (Broker)                           020 7382 8300 
Elliot Hance 
 
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. 
 
 
 
END 
 

(END) Dow Jones Newswires

September 11, 2017 02:00 ET (06:00 GMT)

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