25th May 2010 07:00
Interior Services Group plc
("ISG")
ISG reappointed to Lloyds Banking Group framework
ISG is pleased to announce that it has been reappointed by Lloyds Banking Group ("Lloyds") as a framework contractor to carry out remodelling of its retail and commercial office portfolio. The initial framework period is for two years.
This appointment further bolsters ISG's growing retail sector revenue in the UK which was circa £200 million for the twelve months to December 2009. ISG's retail sector order book has increased to £172 million as at April 2010, a circa 40% increase on April 2009.
Commenting on the appointment, David Lawther, Chief Executive of ISG, said:
"Lloyds has been a valued customer of ISG for over a decade and we are delighted to extend our relationship with this framework contract agreement."
25 May 2010
Enquiries:
Interior Services Group |
020 7247 1717 |
David Lawther, Chief Executive |
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Jonathan Houlton, Finance Director |
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College Hill |
020 7457 2020 |
Matthew Smallwood |
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Adam Aljewicz |
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Numis Securities |
020 7260 1000 |
Nominated Advisor: Michael Meade / Simon Blank |
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Corporate Broking: Rupert Krefting / Ben Stoop |
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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 retail sector business comprises ISG Cathedral, which focuses on bank retail and commercial office roll out frameworks as well as fit out projects for high street retailers, and ISG Pearce Retail, which focuses on new build, refurbishment and fit out programs for major food retailers and large format non-food retailers.
For more information contact www.isgplc.com
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