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Northern Bear PLC - Newcastle-based building services firm - Reports strong operating results in the second half of the year ended March 31. Says results exceed those from the prior year as well as those from the comparable pre-pandemic year. Expects operating profit, before amortisation, one-off costs, and other adjustments, in the range of £2.5 million and £2.6 million. Notes this is achieved despite industry-wide challenges in the availability of construction materials and price inflation.
Full-years results are expected in the week beginning July 18.
Current stock price: 60.00 pence, down 0.8% in London on Monday
12-month change: up 3.5%
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