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ISG customers invest across Europe

10th Jun 2010 07:00

RNS Number : 3652N
Interior Services Group PLC
10 June 2010
 



 

Interior Services Group plc

("ISG" or "the Group")

 

ISG customers continue to invest across Europe

ISG is pleased to announce that since December 2009, when we announced a record order book for our European business of £29m, our customers have continued to invest across Europe, albeit we have encountered some further slippage of activity into the next financial year.

 

During the period we have secured £15m of further wins, including a project for Barclays in Paris, projects for Standard Chartered Bank in Paris and Milan, projects for ExxonMobil in Rome and Ankara, a project for RBS in Copenhagen, and a project for Sumitomo Mitsui Bank in Brussels. As a result, the order book for our European business as at 30 April 2010 has increased to £32m, of which £23m is for delivery in the next financial year.

 

Commenting on the wins, David Lawther, Chief Executive of ISG, said:

 

"Our customers are continuing to make strategic investments across Europe. Our European business will have a record opening order book for the next financial year."

 

 

 10 June 2010

 

Enquiries:

Interior Services Group

020 7247 1717

David Lawther, Chief Executive

 

Jonathan Houlton, Finance Director

 

 

 

College Hill

020 7457 2020

Matthew Smallwood

 

Adam Aljewicz

 

 

 

Numis Securities

020 7260 1000

Nominated Advisor: Michael Meade / Simon Blank

 

Corporate Broking: Rupert Krefting / Ben Stoop

 

 

Notes to Editors

 

ISG is an international provider of construction, fit out and management services, with 27 offices worldwide. The company works with owners, developers and occupiers in the public and private sector for an extensive range of industries. ISG Plc was established in 1989 and has been quoted on AIM since 1998. Today, the company has a turnover of over £1 billion.

 

ISG's European business has offices in Paris, Geneva, Frankfurt, Milan and Amsterdam and provides commercial office and retail fit out services to its blue-chip international client base across Europe. Its turnover for the year ended 30 June 2009 was £29m.

 

For more information contact www.isgplc.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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