Pre-close trading statement

RNS Number : 7845K

Bilby PLC

21 April 2015

 



21 April 2015

Bilby Plc

("Bilby" or the "Company")

Pre-Close trading update

Bilby Plc (AIM: BILB.L),  the holding company for P & R Installation Company Limited, a leading gas heating and building services provider, has today issued a trading update in respect of the 14 months to 31 March 2015.

The Board is pleased to confirm that trading during the period to 31 March 2015 has been in line with market forecasts and that prospects for the current year are encouraging.  The Company was admitted to trading on AIM on 6 March 2015, since when the Company has won new contracts with two new local authorities and continues to extend services with a number of the existing client base.

The Company expects to announce results for the period to 31 March on 23 June 2015.  These results will be the first since the Company's admission to trading on AIM. The Company will also take the opportunity to provide a further update on trading and progress on its acquisition strategy at the time of the results statement.

Enquiries

Bilby Plc                                                                                                                                                020 8300 0300

Phil Copolo, Deputy Chairman

David Ellingham, Finance Director

Charles Stanley Securities                                                                                                            020 7149 6000

(Nominated Adviser and Broker)

Russell Cook

James Greenwood

Hudson Sandler                                                                                                                                 020 7796 4133

(Financial PR)

Charlie Jack

Note for Editors

Bilby Plc, the holding company for P & R Installation Company Limited ("P&R"), was established to provide a platform for strategic acquisitions in the gas heating and building services industries. Bilby's first acquisition was P&R, an established and award winning provider of gas heating appliance installation and maintenance services. 

P&R provides services predominately to local authorities and housing associations across London and South East England and is responsible for over 100,000 properties. The experienced management team places emphasis on the provision of a high level of service through which P&R has developed long standing relationships with its customers who include the Guinness Partnership, London & Quadrant, Gallions and the Royal Borough of Greenwich.  Headquartered in Sidcup, Kent, P&R employs approximately 80 staff

Bilby plc (AIM: BILB.L), is traded on the AIM Market of the London Stock Exchange.  For further information, visit www.bilbyplc.com.

 

END

 

 

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