Business
Trading Statement
Trading Statement.
About this update from Northamber Plc
[{"type":"text","content":"\n Northamber PLC\n25 November 2005\n\n Northamber plc\n\n Update on Trading\n\n\nThe board of Northamber plc announces that it is experiencing the effects of the\n especially challenging trading conditions that are common across the sector.\nFollowing the Preliminary Results released on 21 September 2005, the Directors\nhave seen further continuation of the price erosion and tight margins\nexperienced across the sector since the start of 2005. As a result, the Board\nnow believes that if these trading conditions continue for what remains of the\nhalf year the profit before tax for six months ended 31 December 2005 will be\nsubstantially below the previous years' interim figures.\n\nThe Company's balance sheet continues to remain robust with no debt.\n\nThe interim results announcement for the year ended 31 December 2005 is expected\nto be released in February.\n\n25 November 2005\n\nEnquiries:\n\nDavid Phillips Tel: 020 8296 7000\nChairman\nNorthamber plc\n\nPhilip Davies\nCharles Stanley & Co. Limited Tel: 020 7739 8200\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1297,"tagName":"div"}]