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IN BRIEF: Northbridge Industrial Services upgrades annual outlook

Thu, 09th Jun 2022 15:03

Northbridge Industrial Services PLC - Burton on Trent, England-based company which hires and sells industrial equipment - Reports strong trading in the first half of 2022 with the rental and sales pipeline building. As a result, company says it is increasing its outlook for the year as a whole because it is trading ahead of its already ungraded expectations. Does not specify these expectations for the year as a whole. Notes its UK factory expansion is now complete, with production already started.

Current stock price: 205.25 pence, up 6.6% in London

12-month change: up 73%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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