The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNature Group Regulatory News (NGR)

  • There is currently no data for NGR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Trading Statement

15 Feb 2016 08:15

RNS Number : 0422P
Nature Group PLC
15 February 2016
 

Nature Group PLC

("Nature" or the "Company" or the "Group")

Trading Update

 

Nature Group PLC (AIM:NGR), the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, provides the following update on trading in the year ended 31 December 2015. Owing to challenging and industry wide trading conditions and adjustments relating to certain receivables from prior periods, the Company expects that sales will be broadly in line with market expectations but that profit before tax will be substantially below market expectations and the Group will post a trading loss for the year. In addition, the Company will incur non-trading write downs and restructuring costs in relation to its operations in Norway and Gibraltar.

 

The Group has, however, made progress in 2015. The Company announced the decision to discontinue its Gibraltar operations on 2 December 2015, and negotiations relating to the proposed sale of its wholly-owned subsidiary, Nature Port Reception Facilities Limited, are continuing. It has also restructured and supported its ongoing business such that, excluding its Gibraltar operations and other one-off costs, its ongoing operations were profitable for the year. This trend has continued into 2016 with an encouraging performance of its Maritime operations in Houston and Rotterdam and a pipeline of opportunities in the Company's Oil & Gas division.

 

For further information contact:

 

Nature Group PLC

Jan Vesseur, CEO

Tel: + 31 6462 878 96

Maarten Smits, CFO

Tel: + 31 6138 207 80

Cenkos Securities plc

Neil McDonald

Tel: +44 (0)131 220 9771 / +44 (0)207 397 1953

Beth McKiernan

Tel: +44 (0)131 220 9778 / +44 (0)207 397 1950

Hermes Financial PR

Chris Steele

Tel: +44 (0)7979 604 687

Trevor Phillips

Tel: +44 (0)7889 153 628

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTSFISAIFMSEFE
Date   Source Headline
27th Sep 20184:01 pmRNSCancellation of Trading and Interim Results
1st Aug 20187:00 amRNSResult of AGM
31st Jul 20183:37 pmRNSPosting of Annual Reports & Accounts
27th Jul 20181:08 pmRNSResult of AGM & Update re Annual Report & Accounts
5th Jul 201810:00 amRNSNotice of Annual General Meeting
2nd Jul 201812:40 pmRNSTrading Update
7th Jun 20187:00 amRNSUpdate on Annual Report and Annual General Meeting
1st May 20187:00 amRNSTrading Update
27th Mar 201812:30 pmRNSSuspension - Nature Group plc
27th Mar 201812:30 pmRNSStatement re. Suspension
19th Mar 20182:47 pmRNSHolding(s) in Company
15th Mar 20187:00 amRNSFurther re: Trading Update
7th Mar 20187:00 amRNSTrading Update
17th Nov 201710:56 amRNSStrategic Partner & sale of interest in US
5th Oct 20173:21 pmRNSDirector Loan
29th Sep 20177:07 amRNSInterim Results
9th Aug 20177:00 amRNSDirectorate Change
18th Jul 201710:02 amRNSBoard Changes
30th Jun 201712:07 pmRNSHolding(s) in Company
30th Jun 20178:00 amRNSDirector/PDMR Shareholding
27th Jun 201711:17 amRNSResult of AGM
27th Jun 201710:11 amRNSAGM Statement
15th Jun 20172:37 pmRNSUpdate on Oil & Gas contract
2nd Jun 201710:46 amRNSPosting of Annual Report & Accounts
31st May 20177:00 amRNSFinal Results
18th May 20174:30 pmRNSNotice of Results
21st Apr 20174:18 pmRNSDirector/PDMR Shareholding
13th Apr 20178:00 amRNSTrading Update
24th Mar 20175:49 pmRNSDirector/PDMR Shareholding
6th Feb 20175:23 pmRNSGrant of Options
20th Jan 201712:33 pmRNSHolding(s) in Company
20th Jan 201712:32 pmRNSHolding(s) in Company
18th Jan 20172:38 pmRNSDirector/PDMR Shareholding
17th Jan 20177:00 amRNSSale of Gibraltar Operations
22nd Dec 201612:01 pmRNSSignificant Oil & Gas Contract Win
9th Dec 20161:03 pmRNSBoard Changes
28th Sep 20167:00 amRNSInterim Results
19th Sep 20164:17 pmRNSAcquisition of Interest in NEMS
29th Jun 20164:13 pmRNSResult of AGM
2nd Jun 20167:00 amRNSAnnual Financial Report
27th May 20167:00 amRNSFinal Results
19th May 201611:42 amRNSNotice of Results
4th Apr 20167:00 amRNSDirectorate Change
15th Feb 20168:15 amRNSTrading Statement
20th Jan 20167:00 amRNSNature Environmental & Marine Services LLC Update
2nd Dec 201512:21 pmRNSProposed Sale of Gibraltar Operations
21st Oct 20157:00 amRNSDirectorate Change
22nd Sep 20157:00 amRNSHalf Yearly Report
15th Sep 201510:05 amRNSNotice of Results
13th Aug 201511:49 amRNSAcquisition

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.