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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Spring Grove | LSE:SGV | London | Ordinary Share | GB0004336177 | 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% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5949G Spring Grove Prop. Maintenance PLC 24 January 2003 Spring Grove Property Maintenance plc ("Spring Grove" or "the Company") Trading update At the time of the announcement on 23 October 2002 of the Company's interim results for the six months ended 31 July 2002, the Chairman noted a reduction in profitability for the period resulting from delays in the implementation of the contract with the London Borough of Camden. This contract is now fully operational with expected revenues of #2 million on an annualised basis. Further costs associated with this contract, additional investment in the infrastructure of the business including existing and new units, and a greater amount of business on void works has also affected on margins in the second half of the current financial year. Spring Grove has continued to grow turnover in line with directors' expectations and the recently-acquired business of Rbt. Hawkins (Contractors) has enhanced the Company's capacity to generate further contracts which gives the directors confidence in prospects for Spring Grove. Furthermore, the recent strengthening of the Board and finance function provides a solid platform for further profitable expansion of the business from existing and new contracts. 24 January 2003 This information is provided by RNS The company news service from the London Stock Exchange END TSTUSRUROURAUAR
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