Van Elle Holdings PLC Trading Update (2594R)

TIDMVANL

RNS Number : 2594R

Van Elle Holdings PLC

08 December 2016

8 December 2016

Van Elle Holdings plc

("Van Elle" or "the Group")

Trading update for the six months ended 31 October 2016

Van Elle, the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, is issuing the following trading update ahead of announcing interim results for the six months ended 31 October 2016 on 19 January 2017.

The Board is pleased to report that trading in the period was in line with its expectations, with high levels of enquiries and an order book as at 1 November 2016 ahead of the start of the period. This positions the Group well as it enters the second half, which is traditionally the busier period and includes work in the Specialist Piling division scheduled over the Christmas holidays and a number of anticipated contract awards and starts in the new calendar year.

The Board remains confident in its expectations for the current financial year and continues to believe the Group is well positioned to take advantage of attractive growth opportunities over the medium term.

Enquiries:

 
 Van Elle Holdings plc                  017 7358 0580 
 Jon Fenton, Chief Executive Officer 
 Paul Pearson, Chief Financial 
  Officer 
 
 Instinctif Partners (Financial 
  Public Relations)                     020 7457 2020 
 Mark Garraway 
 Rosie Driscoll 
 
 Peel Hunt LLP (Nominated Adviser 
  and corporate broker)                 020 7418 8900 
 Charles Batten 
 Mike Bell 
  Justin Jones 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 08, 2016 02:00 ET (07:00 GMT)