4 August 2011 – interim management statement
The equipment rental specialist has confirmed that trading remains good despite the challenging trading conditions. The promising start to the new financial year and strong balance sheet look set to provide the foundation for another good year. Pre-tax profits are forecast to nudge up to £14.5m for earnings per share of 24.5p. With a likely dividend of 10.8p providing a yield of 4.6% the shares look GOOD VALUE.