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  5. Acquisitions help boost Premier Technical Services Group in first quarter

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Acquisitions help boost Premier Technical Services Group in first quarter

Fri, 10th May 2019 13:03

(Sharecast News) - Niche specialist services provider Premier Technical Services Group announced a trading update for the 12 weeks ended 31 March on Friday, reporting that trading during the first quarter had been "strong", with the recent acquisitions of Guardian and Trinity performing ahead of management expectations.The AIM-traded firm said sales remained "robust" as contract renewal rates remained high, and a number of significant three- to five-year contracts and framework agreements had been signed across all disciplines with new and existing customers since the start of the financial year.Notable sales wins included a fire solutions contract for London Underground, fixed wire testing for BMW and replacement fall arrest equipment for Morrisons.The board said that underscored its confidence in achieving a successful full year result in 2019, in line with the board's expectations."I commented in our 2018 results announcement on 26 March that 2019 had started well as we continued to deliver against our strategy to seek sector dominance in the markets we serve, which are underpinned by compliance demand," said Premier Technical Services Group chairman John Foley."That position is unchanged, trading continues to be strong and the Board remains both confident and enthusiastic about the group's prospects and performance."I look forward to updating shareholders on the group's continued progress at the time of its AGM on 17 June 2019."
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5 Sep 2018 12:53

Premier Technical Issues Shares For Pendrich Height Deal (ALLISS)

LONDON (Alliance News) - Premier Technical Services Group PLC said Wednesday it will issue 53,333 shares to the vendors of Pendrich Height Services Ltd as part settlement of the deferred for the

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8 Aug 2018 09:38

Premier Technical sees 'continued strong performance' in first half of trading year

(Sharecast News) - Specialist services provider Premier Technical Services Group provided shareholders with an update ahead of its interim results on Wednesday.

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5 Jul 2018 09:58

Premier Technical Services Buys M&P Fire Protection For GBP3.5 Million (ALLISS)

LONDON (Alliance News) - Specialist services firm Premier Technical Services Group PLC said Thursday its acquired M&P Fire Protection Ltd for up to GBP3.5 million.Premier will pay an be

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18 Jun 2018 11:16

Premier Technical Expects Full Year Revenue Growth Amid Strong Trading

LONDON (Alliance News) - Specialist services firm Premier Technical Services Group PLC said Monday it expects further organic and acquisitive revenue growth in the current year as order book and -

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21 Mar 2018 11:05

Premier Technical Services Hikes Payout Amid "Record" 2017 Results

LONDON (Alliance News) - Premier Technical Services Group PLC hiked its dividend Wednesday after 2017 underlying earnings and revenue grew strongly and 2018 started well, amid

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16 Jan 2017 07:50

Premier Technical Services buys Nimbus for £1m

(ShareCast News) - Specialist service provider Premier Technical Services has bought Nottingham-based Nimbus, a designer and installer of lightning protection and earthing systems, for £1m. On Friday, the AIM-listed company completed the transaction and inherited Nimbus' £1m cash balance. Paul Teas

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20 Dec 2016 13:39

DIRECTOR DEALINGS: Premier Technical Services Chairman And CEO Sell

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31 Oct 2016 12:51

DIRECTOR DEALINGS: Premier Technical Managing Director Sells Shares

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27 Sep 2016 11:22

Premier Technical Services posts positive boost to earnings

(ShareCast News) - Niche specialist services provider Premier Technical Services Group announced its interim results for the six months to 30 June on Tuesday, with revenue rising 57% year-on-year to £18.5m. The AIM-traded firm said organic growth contributed strongly to the result at 21%, with opera

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5 Jul 2016 08:41

Premier Technical Services buys two businesses for a combined £5.6m

(ShareCast News) - Premier Technical Services (PTS), a niche service provider, bought UK Dry Risers (UKDR) for £2.1m and UK Dry Risers Maintenance (UKDRM) for £3.5m to expand the company's service to new niche markets. UKDR, an installation of dry and wet riser systems, was bought for a maximum cash

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5 Jul 2016 07:56

Premier Technical Services Buys Dry Riser Firms For GBP5.6 Million

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30 Jun 2016 09:13

Premier Technical Services Increases HSBC Lending Facilities

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20 Jun 2016 06:57

Premier Technical Services Performing In Line With Expectations

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13 Jun 2016 15:02

UK Shareholder Meetings Calendar - Next 7 Days

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15 Mar 2016 10:30

Premier Technical Profit Lower On IPO Costs But Deals Boost Revenue

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