Premier Technical Services Grp PLC Trading Update and Notice of Results (8687G)
11 August 2016 - 4:00PM
UK Regulatory
TIDMPTSG
RNS Number : 8687G
Premier Technical Services Grp PLC
11 August 2016
11 August 2016
Premier Technical Services Group PLC
("PTSG" or the "Group")
TRADING UPDATE AND NOTICE OF RESULTS
Trading in line with expectations with positive outlook
PTSG, the niche specialist services provider, is pleased to
announce the following trading update ahead of its interim results
for the six months ended 30 June 2016, which will be issued on
Tuesday, 27 September 2016:
The Group has previously announced that it was performing well
in H1, delivering record results, substantial organic growth and
securing a number of new notable contract wins. This strong
performance has continued and the political events of recent weeks
do not appear to have had any adverse effect on the Group's ability
to secure contract wins. Two recent substantial contract wins,
signed in the last two weeks by the Group's Access Installation
division for a combined order value of GBP2.5m, have further
strengthened an already healthy order book in this construction
related area for 2017 and 2018 and the Group's testing and
maintenance activities continue to see strong work and order
levels.
The integration of the two UK Dry Riser businesses acquired
early in July 2016 is progressing to plan and, although H2 has just
started, the Group is trading in line with recently upgraded market
expectations for the financial year ending 31 December 2016. The
directors look forward to providing a full update on the Group's
progress in the interim results announcement in September.
For further information, please contact:
PTSG +44 (0)1977 668 771
Paul Teasdale, Chief Executive Officer
N+1 Singer +44 (0)20 7496 3000
Sandy Fraser / James White
Hudson Sandler +44 (0)20 7796 4133
Cat Valentine / Katie Cohen
About PTSG - www.ptsg.co.uk
PTSG is the UK's leading provider of façade access and fall
arrest equipment services, lightning protection and electrical
testing, high-level cleaning and training solutions.
Operating through four divisions, Access & Safety,
Electrical Services, High Level Cleaning and Training Solutions,
the Group provides highly-engineered industrial products and
quality services and has a substantial presence in a number of
niche markets.
PTSG provides a central information service for its businesses
and champions the dissemination of key information and best
practice. PTSG unites its constituent businesses under one clear
identity, which supports smarter working and delivers top class
service to its customers.
Headquartered in Castleford, West Yorkshire, the Group employs
more than 300 people across 13 UK sites, who service more than
100,000 buildings across the whole of the UK for over 10,000
customers in a wide range of industries.
This information is provided by RNS
The company news service from the London Stock Exchange
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