30/9/2005
The BSS Group PLC ('BSS', or the 'Group'), a leading distributor of heating, plumbing and pipeline equipment to the industrial and domestic construction and maintenance markets is issuing a trading statement today, 30th September 2005, ahead of entering its close period.
The Group has continued to make good progress, with like for like sales well ahead of the same period last year, and trading remains in line with our expectations.
The Industrial Division has benefited during the first half of the year from its strategic positions in the health and education markets, which are seeing good growth. This is expected to continue into the second half albeit against tougher comparisons given the improvements in trading in the second half of last year.
The Domestic Division, in its seasonally weaker half, has continued to trade well, capitalising on its strength in the social housing markets and capturing further market share.
The move to the new Regional Distribution Centre in Birmingham was completed on time, below budgeted cost and with no disruption to the business.
The Group's announcement of the interim results for the six months ending 30th September 2005 will be on Monday 28th November.
For further information contact:
The BSS Group PLC
Peter Wood, Chief Executive
Kevin Higginson, Finance Director
Tel: 0116 256 7002
Hogarth Partnership
Andrew Jaques
Rachel Hirst
Tel: 020 7357 9477