Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Northern Bear ( (GB:NTBR) ) has shared an update.
Northern Bear Plc has experienced a strong trading year, with mild winter conditions benefiting its roofing division and investments boosting its building services division. The company anticipates exceeding market expectations with an EBIT between £3.15m and £3.45m. However, due to challenges in the Leisure and Hospitality sectors, Northern Bear has decided to close its fit-out operation at H Peel & Sons, integrating its business into Arcas. The company has also reduced its term debt by £500k, reflecting its continued strong trading performance.
More about Northern Bear
Northern Bear Plc is a group of companies providing specialist building and support services, headquartered in Northern England and serving customers across the UK.
YTD Price Performance: -5.41%
Average Trading Volume: 10,425
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £7.49M
For a thorough assessment of NTBR stock, go to TipRanks’ Stock Analysis page.