Trading Statement
28 September 2007 - 9:01AM
UK Regulatory
RNS Number:6310E
Silverdell PLC
28 September 2007
28th September 2007
Silverdell Plc
("Silverdell" or the "Company")
Pre-close Trading Update
Silverdell today announces that following success with integrating the
acquisitions of both Redhill Analysts Limited, acquired in December 2006 and
Kitsons Group Limited, acquired in July 2007, and given the strength of its
market place, results for the year ending 30th September 2007 will be at the
upper end of brokers' forecasts.
Preliminary results for the year ended 30th September 2007 will be announced in
mid-December.
- Ends -
For further information, please contact:
Chris Sims, FD, Silverdell Plc 020 7004 2700
Chris Howard, Collins Stewart Europe Limited 020 7523 8317
Billy Clegg / Alex Beagley, Financial Dynamics 020 7831 3113
Notes to Editors
Silverdell is a leading nationwide supplier of asbestos removal and consultancy
services to both the private and public sectors. The Company was listed on AIM
as Bow Lane Capital Plc in April 2006. In July 2006 it acquired Silverdell (UK)
Limited for up to #22.2m, following which it changed its name to Silverdell Plc.
The Company acquired Redhill Analysts Limited, a provider of asbestos
consultancy, survey, air monitoring and contract management services, in
December 2006 for up to #10m. In July 2007, Silverdell acquired Kitsons Group
Limited, which provides asbestos removal, insulation and scaffolding services
for #14m.
The Silverdell group employs nearly 600 staff operating from 15 offices across
the UK. Silverdell (UK) Limited won Specialist Contractor of the Year (Asbestos
Removal) at Construction News Awards in both 2006 and 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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