News blog
Interbulk Group
- BY: Andrew Hore |
- POSTED: 08/10/2010 |
Bulk transportation services provider Interbulk Group says that its full year results will be in line with expectations.
Margins remain under pressure but there are signs of improvement. All sectors are contributing growing revenues.
Analysts forecast a profit of around £1m for the year to September 2010, from £3.3m the year before. Arden had expected net debt to be £115m at the end of September 2010.
In August, Arbuthnot became nominated adviser and broker, replacing Astaire and Arden respectively.
At 6.5p a share, Interbulk is valued at £19.7m.
Download the October edition of AIM Journal at http://www.hubinvest.com/AIMPDFOctober2010_13.pdf
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