ISG.L Regulatory News (ISG)

14 Jan 2009 07:00



Interior Services Group plc

ISG Pearce, a subsidiary of Interior Services Group plc, has made the following announcement about its success in achieving significant work allocations from its food retail clients. ISG Pearce's announcement is below: 

ISG Pearce

Successful allocation of retail work for 2009 

ISG Pearce, a leading construction company predominantly operating across the South of England and South Wales, is pleased to announce that its Retail Division has been allocated by its major food retail clients Tesco, ASDA, Sainsbury's and Morrisons, significant contracts totalling approximately £140m for the calendar year 2009. Across over 40 different locations these projects include extensions and refreshing existing units and also new build work. The project sizes range from approximately £500,000 to over £10m.

Based on these successful allocations ,revenues for the Retail Division of ISG Pearce for the period ending 30 June 2009 are anticipated to be approximately 20% higher than the previous year (2008: £88m).  

Colin Forrest, Managing Director of ISG Pearce said:

"We are delighted to have been successful in the 2009 work allocation round. This is repeat business and underscores the service and the relationships that we have with our customers. This is a good way for us to start 2009"  

14 January 2009 

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