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PCH Pacific Global Holdings Plc

2.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pacific Global Holdings Plc LSE:PCH London Ordinary Share GB00BKXP5L71 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% 2.00 1.50 2.50 2.00 2.00 2.00 10,000 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 0 -102k -0.0013 -15.38 1.58M

Interim Management Statement

15/10/2009 11:01am

UK Regulatory



 
TIDMPCH 
 
Pochin's PLC ("The Group") 
 
                         Interim Management Statement 
 
This Interim Management Statement covers the period from 1 June 2009 to date, 
the majority of which is covered by the statements of both the Chairman and 
Chief Executive in the Annual Report and Accounts dated 22 September 2009. 
 
The Construction division continues to perform creditably in difficult trading 
conditions, winning a number of useful contracts during the period. Good 
progress is being made towards the successful completion of the large projects 
at HQ Chester and Welsh Assembly Government buildings at Llandudno. 
 
The Concrete Pumping division continues to suffer from a low level of activity 
and an excess of capacity in the national market in which it operates. 
 
It is encouraging to note that the prolonged and severe decline in commercial 
property prices has come to a halt according to the latest Investment Property 
Database UK Monthly Index. While the Property division is experiencing steady 
levels of occupancy in its investment portfolio, development activity is likely 
to remain subdued. The Residential division continues to pursue its stated aim 
of realising its investment in both built homes and housing land in a 
controlled manner. 
 
Group debt has remained stable during the period and the previously reported 
emphasis on cost control is being maintained. 
 
Richard Fildes 
 
Chairman 
 
Pochin's PLC 
 
15 October 2009 
 
Enquiries: 
 
Pochin's PLC 
 
John Moss, Chief Executive 01606 833 333 
 
John Edwards, Finance Director 
 
Charles Stanley Securities 
 
Philip Davies/Rick Thompson 020 7149 6457 
 
 
 
END 
 

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