Northbridge Industrial Services - Re: NBI Stream Log - Stockdale's note from this morning...

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Re: NBI Stream Log
12:32 27/05/2016
Simbrad
0 replies 0 0

Stockdale's note from this morning is up on Research Tree: "Northbridge’s AGM statement reiterates its 18 April preliminary results in stating that market conditions in Oil & Gas remains challenging and “it is still too early to forecast any material changes to the likely full year out turn”. We are not changing our estimates of positive EBITDA but an underlying loss before tax of £1m for 2016. However, the statement emphasised the potential benefits of its operational gearing and strengthened balance sheet when the market does improve. ..."

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