Northamber PLC
25 November 2005
Northamber plc
Update on Trading
The board of Northamber plc announces that it is experiencing the effects of the
especially challenging trading conditions that are common across the sector.
Following the Preliminary Results released on 21 September 2005, the Directors
have seen further continuation of the price erosion and tight margins
experienced across the sector since the start of 2005. As a result, the Board
now believes that if these trading conditions continue for what remains of the
half year the profit before tax for six months ended 31 December 2005 will be
substantially below the previous years' interim figures.
The Company's balance sheet continues to remain robust with no debt.
The interim results announcement for the year ended 31 December 2005 is expected
to be released in February.
25 November 2005
Enquiries:
David Phillips Tel: 020 8296 7000
Chairman
Northamber plc
Philip Davies
Charles Stanley & Co. Limited Tel: 020 7739 8200
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.