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NorthbridgeIndustrialSerPLC10P (NBI)

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04-May-2020 01:21 PM

Northbridge says record orders will help buffer Covid-19 hit on rentals

Industrial services and rental company Northbridge said a record level of sales orders would help mitigate in rental revenue caused by the Covid-19 crisis. The company said its trading in the first quarter was as expected, albeit with some weakness towar
31-Jan-2020 08:23 AM

Northbridge sees 'considerable' improvement in annual performance

Industrial services and rental group Northbridge said trading continued to improve in the second half, putting it on track for a 'considerable' but expected rise in its annual performance. 'The positive impact of consistent revenue generat
02-Aug-2019 07:44 AM

Northbridge Industrial Services expects 'much improved' first-half performance

Industrial rental company Northbridge Industrial Services said it had continued to show a 'much improved' performance in the first half of its financial year. In a trading update for the six months through June, the company said a recovery in i
05-Feb-2019 08:12 AM

Northbridge Industrial Services sees 2018 performance improving

Industrial services and rental company Northbridge Industrial Services said it expected to post annual results for the year through December in line with its expectations. Recent trading had continued to achieve an improved performance since last year, t
31-May-2018 08:07 AM

Northbridge rental rates still depressed

Northbridge Industrial Services has said that while activities have begun to increase, rental rates still remain depressed and will take some further time to recover. The company said on 12 April that sentiment in the oil and gas industry had begun to im
12-Apr-2018 09:35 AM

Northbridge Industrial Services says 'recovery in sight' as losses narrow

Northbridge Industrial Services reported Thursday a narrower pre-tax loss of £4.4m in the year to end of the December, compared with a pre-tax loss of £5.5m the previous year amid improved oil prices. 'During 2017 we saw a stabilisation
12-Apr-2018 07:46 AM

Northbridge secures new funding

Northbridge Industrial Services (NBI), the industrial services and rental company, has announced the early renewal of its banking facilities with its senior lender, Royal Bank of Scotland group, until 30 June 2021 in conjunction with securing long-term fu
07-Feb-2018 08:27 AM

Northbridge expects annual results to meet expectations

Industrial services and rental group Northbridge said recent trading had been consistent with its forecasts, with annual results expected to be in line with management expectations. For its Crestchic electrical equipment business, the company said it was
28-Sep-2017 09:14 AM

Northbridge grows revenue by £200,000

Northbridge, the industrial services and rental company, grew its revenue by £200,000 to £12 million in the first half. Its operating loss reduced by £400,000 to £2.0 million. Net debt was £9.5 million, down from £8.4
07-Jun-2017 01:08 PM

All resolutions passed at AGM of Northbridge Industrial Services

Northbridge Industrial Services has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:08pm: (LON:NBI) Northbridge Industrial Services PLC share price was -3p at 114.5p Story provided by StockMar
09-Feb-2017 07:41 AM

Northbridge sees FY results broadly in line with views

Northbridge Industrial Services sees the result for 2016 broadly in line with management views, but issued cautious commentary on the impact of oil's pricing and Brexit-hit sterling. The slowdown in the oil and gas industry, which has suffered an es
14-Apr-2015 09:34 AM

Northbridge Industrial Services FY pretax profit slips

Northbridge Industrial Services' (NBI) FY pretax profit fell to £6.3m, from £6.6m. Revenue rose to £44.9m, from £37.6m. It proposed a final dividend of 4p, taking the total to 6.2p, from 5.9p. CEO Eric Hook said: "We are pleased with the G
12-Jan-2015 09:22 AM

NBI says too early to assess impact of crude prices

Northbridge Industrial Services said, following the recent fall in prices of crude, it remains too early to assess any longer term impact for the group as a whole should the oil price remain at the current level or fall further. "While those parts
07-Jul-2014 02:07 PM

Northbridge appoints regional MD

Northbridge Industrial Services, the industrial services and rental company, has appointed Ian Gardner to the board as regional managing director for the Middle East and Asia Pacific Regions. Gardner, aged 47, joined the group in 2007 and was instrum
29-May-2014 01:16 PM

Northbridge resolutions passed at AGM

Northbridge Industrial Services, the industrial services and rental company, confirmed that all resolutions proposed at its annual general meeting earlier today were duly passed. At 1:16pm: (LON:NBI) Northbridge Industrial Services PLC share price w
29-May-2014 07:39 AM

Northbridge Industrial sees FY results in line

Northbridge Industrial Services expects its results for 2014 as a whole to be in line with management's expectations. "We have enjoyed a good start to 2014, with a strong first quarter and continuing contributions from both sales and rental ac
06-Feb-2014 07:42 AM

Northbridge Industrial sees FY results in line

Northbridge, the industrial services and rental company, said it expects results for the year ended 31 December 2013 to be in line with management's expectations. It noted that H2 trading featured strong cash generation, resulting in a significant
17-Jan-2014 02:52 PM

Northbridge schedules update and results

Northbridge, the industrial services and rental company, will be releasing its trading update for the year ended 31 December on 6 February. Northbridge will release its preliminary results for the year during the week commencing 7 April. At 2:52pm
15-Nov-2013 07:43 AM

Northbridge acquires assets of Oilfield Material

Northbridge Industrial Services has completed the acquisition of the trade and assets of Abu Dhabi-based OMM BVI for an initial consideration of $3.0 million, comprising $2.5 million in cash and $0.5 million in 66,829 ordinary shares. This consideration
25-Oct-2013 03:06 PM

Crestchic founder dies

Northbridge Industrial Services non-executive director Jim Gould has died. He was 79. He was the founder of Crestchic, which was the first acquisition made by Northbridge in 2006 and remained active within Crestchic until a few days before his death. N
13-Sep-2013 07:34 AM

Northbridge Ind. H1 pretax profit rises to £2.6m

Northbridge Industrial Services increased its first-half pretax profit and said it had acquired Crestchic Asia-Pacific PTE Limited Its pretax profit for the period was £2.6 million, from £1.4 million. Revenue was £18.6 million, from £14.2 million. I
26-Jul-2013 07:38 AM

Northbridge Industrial Svcs sees H1 substantially ahead

Northbridge Industrial Services said its full-year results should be in line with directors' expectations, although the first half results would be substantially ahead year on year. "The ongoing investment in our global hire fleet has resulted
11-Apr-2013 08:13 AM

Northbridge FY pretax profit £4.9m, from £2.9m

Northbridge Industrial Services booked a full-year pretax profit before exceptional items of £3.9 million, from £2.9 million, and said the current year had started well. The industrial services and rental company posted revenue was £30.8 million, from
31-Jan-2013 08:28 AM

Northbridge sees FY profit in line with market view

Northbridge Industrial Services said it expects profits for the year to end-2012 to be in line with market expectations. "Trading during the second six months of 2012 was robust and included much of the benefit from the contracts which were delayed
26-Jul-2012 10:14 AM

Northbridge expects to meet market expectations

Northbridge, the industrial services and rental company has said that sales and orders of manufactured units have continued to remain buoyant during the first six months of the year. Rental projects will show a stronger benefit in the second half of the
 
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