2 February 2018 – trading update

A trading update has been released for the three month period ended 31 December 2017.  Turnover and adjusted profit before tax from continuing operations (stated prior to the impact of transaction costs and the amortisation of acquired intangibles associated with the acquisition of H Peel & Sons (Holdings) Limited) are currently ahead of expectations and prior year results.  The company is also confident about trading fort the last portion of the financial year ending 31 March 2018.  It has also been confirmed that there has been no direct impact as a result of the liquidation of Carillion.  The shares remain a BUY.