8th Dec 2020 14:11
Northbridge Industrial Services PLC - Burton on Trent, England-based industrial services and rental company - Says the negative effects of Covid-19 continue to ebb as the year progresses. Says international travel restrictions are still causing some delays to project start dates, but local activity in China, Australia and New Zealand has returned to normal, and business in the USA continues to be active. Expects to be profitable for the year as a whole before exceptional costs. Expects to start new year with a record order book for the sale of load banks and a backlog of enquiries for rental projects. A load bank is used to test an electric power source.
Current stock price: 91.50 pence
Year-to-date change: down 29%
By Greg Roxburgh; [email protected]
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