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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Northern Bear Plc | LSE:NTBR | London | Ordinary Share | GB00B19FLM15 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 60.00 | 58.00 | 62.00 | 60.00 | 59.00 | 60.00 | 18,144 | 08:00:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Roof,siding,sheet Metal Work | 69.72M | 1.59M | 0.0850 | 7.06 | 11.24M |
TIDMNTBR
RNS Number : 0795M
Northern Bear Plc
12 September 2023
12 September 2023
Northern Bear plc
("Northern Bear" or the "Company")
Trading Update
The Board of Directors (the "Board") of Northern Bear (LSE:NTBR), the AIM listed group of companies providing specialist building and support services to customers in Northern England and across the UK, is pleased to provide an update on trading for the Company and its subsidiaries (together, the "Group") ahead of its Annual General Meeting at 2.00pm today at A1 Grainger, Prestwick Park, Prestwick, Newcastle upon Tyne, NE20 9SJ.
Ahead of that meeting Northern Bear confirms that the Group has continued to trade in line with management's expectations since publication of the preliminary results on 17 July 2023. Trading in the new financial year from 1 April to 31 July is ahead of strong prior year results for the same period, and site activity levels remain high despite the ongoing economic challenges and their related impact on the construction industry.
The Group's interim results are expected to be released in November 2023, at which point the Board will provide further guidance as to the full financial year ending 31 March 2024 as we continue to monitor ongoing uncertainties in the economic climate in which we operate, including challenges with attracting and retaining high quality employees in the construction industry.
Jeff Baryshnik, Non-Executive Chairman of Northern Bear, commented:
"I am delighted that whilst relatively early in the Group's financial year, our forward order book remains robust and is expected to support full year results in line with management's and the market's expectations."
For further information, please contact:
Northern Bear PLC Jeff Baryshnik - Non-Executive Chairman Tom Hayes - Finance Director +44 (0) 166 182 0369 Strand Hanson Limited (Nominated Adviser) James Harris James Bellman +44 (0) 20 7409 3494 Hybridan LLP (Nominated Broker) Claire Louise Noyce +44 (0) 20 3764 2341
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END
TSTUAOWRONUKAAR
(END) Dow Jones Newswires
September 12, 2023 02:00 ET (06:00 GMT)
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