ISG Regions New Contracts

 

TIDMISG 
 
RNS Number : 5923M 
Interior Services Group PLC 
02 February 2009 
 

Interior Services Group plc 
 
 
ISG UK Regions secures GBP80 million New Contracts and announces increased Order 
Book 
 
 
 
Interior Services Group plc's UK Regional Construction Division ("the Division") 
is pleased to announce significant new contracts and an increase in its order 
book despite the challenging economic conditions. 
 
 
The Division has been awarded new contracts and framework allocations of GBP80m 
in December and January including GBP46m in the public sector. The current 
forward order book of the Division now stands at over GBP350m, up 12% on 
November 2008, providing visibility through 2009 and into 2010.  The Division is 
also preferred bidder on a further GBP30m of work predominantly in the Education 
sector. 
 
 
Public sector frameworks continue to generate a range of opportunities and in 
the two month period the Division was allocated GBP30m of new work.  The 
Division is mid-way through its seven year partnering framework with the 
Ministry of Justice, a four year framework deal with Manchester City Council and 
several frameworks with Housing Associations. 
 
 
The Division is pleased to report that of the GBP80m of new contracts and 
framework allocations, GBP34m was generated from private sector contract awards, 
of which GBP18m was from the Hotel and Leisure sectors. 
 
 
 
 
David Lawther, ISG Chief Executive, said: 
 
 
"These contract awards demonstrate the diversity of ISG's business and our 
ability to win repeat business. Six months ago we announced GBP130m of contract 
wins in the Education sector including the landmark GBP50m South West Ipswich 
and South Suffolk Sixth Form Centre and these further awards demonstrate our 
growing expertise in the public sector." 
 
 
2 February 2009 
 
Enquiries: 
+-----------+----------------+ 
| Interior  | 020 7247 1717  | 
| Services  |                | 
| Group     |                | 
+-----------+----------------+ 
| David     |                | 
| Lawther,  |                | 
| Chief     |                | 
| Executive |                | 
+-----------+----------------+ 
| Jonathan  |                | 
| Houlton,  |                | 
| Finance   |                | 
| Director  |                | 
+-----------+----------------+ 
|           |                | 
+-----------+----------------+ 
| College   | 020 7457 2020  | 
| Hill      |                | 
+-----------+----------------+ 
| Matthew   |                | 
| Smallwood |                | 
+-----------+----------------+ 
 
 
 
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   END 
 
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