18 May 2010 07:00
FOR IMMEDIATE RELEASE 18 MAY 2010
NORTHBRIDGE INDUSTRIAL SERVICES PLC
("Northbridge" or "the Company")
AGM Statement
Northbridge, the industrial services and rental company will today hold its AGM at 12:00 noon at the offices of Buchanan Communications, 45 Moorfields, London EC2Y 9AE. Peter Harris, the Chairman of Northbridge will make the following statement on the Company's outlook:
"As indicated at the time of our preliminary results in March, enquiries and quotes for the sale of manufactured units are improving compared with the levels of last year. In addition rental demand continues to increase in nearly all our markets. We believe the global economic environment is showing some signs of improvement and if this is sustained we expect to gain the benefit through our much expanded hire fleet."
For further information
| Northbridge Industrial Services plc |
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| Eric Hook, Chief Executive Officer | 01283 531645 |
| Ash Mehta, Finance Director |
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| Smith & Williamson Corporate Finance Limited (Nominated Adviser) | 020 7131 4000 |
| Azhic Basirov / Charles Combe |
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| Arbuthnot Securities Limited (Broker) | 020 7012 2139 |
| Alasdair Younie |
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| Buchanan Communications | 020 7466 5000 |
| Charles Ryland / James Strong |
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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.