Henry Boot Regulatory News (BOOT)

12 Dec 2005 11:44

Boot(Henry) PLC12 December 2005 HENRY BOOT PLC REGARDING YEAR END RESULTS 31st DECEMBER 2005 Following the successful conclusion of a number of land deals by its whollyowned subsidiary, Hallam Land Management Ltd, in the second half of this currentyear, the board of Henry Boot PLC have reappraised the likely outturn of profitbefore taxation of the Group, and believe that this is now likely tosignificantly exceed current market expectations. Subject to the impact of anyadverse effects relating to pensions, and the possible favourable effects ofproperty revaluations, neither of which can be determined until the year end,the Board believes that the profit before taxation for the year ended 31stDecember 2005 is unlikely to be less than £22.5m (twenty two million, fivehundred thousand pounds). This improvement in profitability not only arisesfrom the anticipated timing of the land sales now completed, but is alsoattributed to the prevailing market conditions. Any enquiries relating to this announcement should in the first instance beaddressed to Mr Jamie Boot, Group Managing Director, (Contact: 0114 255 5444) orMs Joanne Lake, Williams de Broe, Leeds, 0113 243 1619. END This information is provided by RNS The company news service from the London Stock Exchange