Northern Bear Plc Trading Update (3173B)
September 20 2018 - 2:00AM
UK Regulatory
TIDMNTBR
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.
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.
END
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