14 May 2008 07:00
FOR IMMEDIATE RELEASE 14 MAY 2008
Northbridge Industrial Services Plc.
("Northbridge" or "The Company")
AGM Statement
At the AGM to be held today at 12.00 noon at the offices of Buchanan
Communications, 45 Moorfields, London EC2Y 9AE Eric Hook, the Chief Executive of Northbridge will make the following statement:
"As indicated at the time of our preliminary results announcement on 12th March 2008, trading in 2008 has started well. Our sales order book is at a record level and our results for the first quarter are ahead of the same period last year. All of our acquisitions from 2007 are trading in line with our expectations and will make good contributions to our full year performance. In addition, our operation in the Middle East has made an encouraging start and will shortly exchange contracts for new premises in the Jebel Ali Free Zone of Dubai. This will enable us to accelerate the growth of the Middle East business.
Much of our business activity both in the UK and overseas is involved in power reliability and the oil and gas sector, for which there is growing demand, and we see trading continuing well during 2008."
For further information
Northbridge Industrial Services Plc.
Eric Hook, Chief Executive 07702 831110
Charles Stanley Securities (Nominated Adviser)
Mark Taylor / Freddy Crossley 0207 149 6112
Buchanan Communications
Charles Ryland, James Strong 0207 466 5000
About Northbridge.
Northbridge Industrial Services was incorporated for the purpose of acquiring companies that hire and sell specialist industrial equipment supplying a non-cyclical customer base including utility companies, the public sector and the oil and gas industries. In particular it will seek to acquire specialist businesses that have the potential for expansion into complete outsourcing providers.