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Trading Update

18 Feb 2016 07:00

RNS Number : 3966P

North Midland Construction PLC

18 February 2016

North Midland Construction Plc (the "Group")

TRADING UPDATE

North Midland Construction PLC provides a trading update for the year to 31 December 2015.

The resolution of certain previously referred to legacy contracts across the Group has now been concluded and the settlement figures expected have not been achieved, resulting in additional total losses of £3.1 million. This leaves only one problematical legacy contract to conclude.

Despite these negative settlements, due to strong underlying trading, management still expects an unadjusted profit for the full year, albeit significantly below previous management expectations.

The order book for completion this year currently stands at £195 million and the Board is confident about the outlook for the year.

Contacts:-

North Midland Construction PLC 01623 515 008

Robert Moyle, Chairman

Dan Taylor, Finance Director

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTLFFEIFLIDLIR

Date		Source	Headline
7th Jul 2009	2:39 pm	RNS	Director/PDMR Shareholding
28th May 2009	1:00 pm	RNS	AGM Statement
18th May 2009	11:39 am	RNS	Interim Management Statement
12th May 2009	1:17 pm	RNS	Contract Win
8th Apr 2009	2:12 pm	RNS	Preliminary Results
10th Mar 2009	3:23 pm	RNS	Contract Win
14th Nov 2008	7:00 am	RNS	Interim Management Statement
4th Sep 2008	3:56 pm	RNS	Holding(s) in Company
29th Aug 2008	1:32 pm	RNS	Director/PDMR Shareholding
29th Aug 2008	7:00 am	RNS	Interim Results
20th Jun 2008	4:42 pm	RNS	Second Price Monitoring Extn
20th Jun 2008	4:36 pm	RNS	Price Monitoring Extension
29th May 2008	12:51 pm	RNS	General Meeting Statement
29th May 2008	12:50 pm	RNS	AGM Statement
15th May 2008	3:08 pm	RNS	Interim Management Statement
12th May 2008	4:19 pm	RNS	Annual Report and Accounts
12th May 2008	4:14 pm	RNS	Annual Information Update
2nd May 2008	11:26 am	RNS	Acquisition
4th Apr 2008	7:00 am	RNS	Final Results
14th Dec 2007	11:41 am	RNS	Trading Statement
5th Oct 2007	10:19 am	RNS	Director/PDMR Shareholding
27th Sep 2007	5:32 pm	RNS	Director/PDMR Shareholding
27th Sep 2007	5:26 pm	RNS	Director/PDMR Shareholding
27th Sep 2007	4:50 pm	RNS	Holding(s) in Company
25th Sep 2007	5:02 pm	RNS	Holding(s) in Company
25th Sep 2007	4:52 pm	RNS	Director/PDMR Shareholding
5th Sep 2007	7:00 am	RNS	Interim Results
11th Jun 2007	11:45 am	RNS	Director/PDMR Shareholding
25th May 2007	12:07 pm	RNS	AGM Statement
2nd Apr 2007	11:03 am	RNS	Director/PDMR Shareholding
2nd Apr 2007	10:59 am	RNS	Director/PDMR Shareholding
30th Mar 2007	7:00 am	RNS	Final Results
15th Feb 2007	5:18 pm	RNS	Holding(s) in Company
21st Dec 2006	9:27 am	RNS	Total Voting Rights
10th Nov 2006	3:59 pm	RNS	Trading Statement
3rd Oct 2006	11:42 am	RNS	Holding(s) in Company
3rd Oct 2006	11:35 am	RNS	Director/PDMR Shareholding
25th Aug 2006	7:01 am	RNS	Interim Results
25th May 2006	2:26 pm	RNS	Directorate Change
24th May 2006	10:41 am	RNS	AGM Statement
16th May 2006	11:58 am	RNS	Annual Information Update
16th May 2006	11:45 am	RNS	Annual Report and Accounts
10th Apr 2006	3:27 pm	RNS	Directorate Change
30th Mar 2006	4:13 pm	RNS	Appointment of Director
30th Mar 2006	7:01 am	RNS	Final Results
8th Nov 2005	5:43 pm	RNS	Director/PDMR Shareholding
8th Nov 2005	5:42 pm	RNS	Holding(s) in Company
17th Oct 2005	2:44 pm	RNS	Trading Update
25th Aug 2005	7:00 am	RNS	Interim Results
26th May 2005	7:00 am	RNS	Resignation of Director

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