30th June 2009

Interior Services Group PLC

Pre Close Trading Statement

The Board of ISG is pleased to announce that trading for the year ended 30 June 2009 has remained in line with the Board's expectations.

The Board is pleased to note that the success of the group's diversification strategy has ensured that the decline anticipated in London fit out and refurbishment has been offset by stronger trading in our Retail and Regional businesses which has been driven by our frameworks with banks and food retailers and by public sector work.

The group's strategy remains to position itself towards more resilient regions and sectors and where a decline in activity is anticipated, to ensure the group's resource base remains in line.

As previously noted, some of our clients, particularly those operating across several countries, have become more cautious in the wake of Lehman's collapse. Consequently, there have been a few cancellations and some delay to certain projects particularly affecting our European operations. Elsewhere overseas, particularly in China, we are experiencing good levels of activity and continue to establish and position ourselves to win projects in growing markets of which Abu Dhabi is an excellent recent example. Since March 2009 we have started to see corporate clients becoming more confident and both enquiry levels and proposals intake have started to improve for our overseas activities.

At the interim stage we reported that the order book would reduce as the longer lead time UK fit out, new build and refurbishment projects in the UK are replaced with higher margin, negotiated work across our Retail business and in Europe and Asia. The current order book stands above �800m, of which �680m relates to the financial year ending 30 June 2010. ISG's balance sheet remains sound and we expect to finish the year with a strong cash position.

The preliminary results will be announced on 8 September 2009.

Probably, I hope I've made my mind up by then!!

About time these woke up.

Dil - if you have sobered up after the weekend :-) Do you still follow these?
ex dividend 19th, yield 8.78%.

ISG delivers landmark luxury store for Louis Vuitton in Singapore

ISG AWARDED ADDITIONAL LONDON 2012 OLYMPIC OVERLAY WORKS

ISG has been successful in securing the remaining Construction Management contract for the Off-Park and Non-Competition Venues, including associated site works and infrastructure. This is in addition to having been awarded in July 2011 the On-Park construction works for the London 2012 Games by the London Organising Committee of the Olympic and Paralympic Games (LOCOG).

Given up on all small caps for time being just watching and waiting and picking up the odd "bargain" large cap (BT.A , BARC) for the SIPP on bad days.

If you had sobered up and answered my post 40 earlier, I may have bought - the yield (ex divi next Wednesday) was 8.86% at 170p. Good luck at the weekend BTW :-))

Won't need luck skinny .... France will :-)

Ex dividend tomorrow - 10p.

RNS Number : 0000R

Interior Services Group PLC

28 October 2011

Interior Services Group PLC

("ISG" or "the Group")

Acquisition of the French branch of Paris based retail design and fit out company Alpha International SARL

ISG is pleased to announce that it has completed the acquisition of the goodwill and business assets of the French branch of Alpha International SARL ("Alpha") for an initial consideration of GBP1.5m. The maximum consideration of EUR8.5m (GBP7.4m) is dependant upon future performance. Alpha is a retail design and fit out specialist based in Paris servicing international retail companies. The principal vendor, Andre Bernstein, will remain with the business.

Alpha has delivered multiple projects for an impressive client list including Apple, Louis Vuitton, Uniqlo, Gucci, Tiffany & Co. and Patek Phillipe. In addition to its core French market, Alpha has also delivered projects for clients in Italy and Switzerland.

Alpha's turnover for the year ended 31 October 2010 was approximately GBP6.5m and generated a contribution of approximately GBP0.2m. Alpha has net assets of approximately GBP0.4m at completion and employs 20 people.

The acquisition of Alpha will enable ISG to:

-- Accelerate the growth of ISG's existing European retail fit out business;
-- Provide a design and fit out turnkey solution for the Group's international retail customers in France and Italy;

-- Further strengthen its management team with people who have a successful retail design and fit out track record in Europe.

At completion GBP1.5m will be paid in cash. A maximum further consideration of approximately GBP5.9m is deferred and payable after the two financial years to 30 June 2013, conditional on the business meeting average profit before tax targets for the two years. The deferred consideration will be settled 80% in cash and the balance in new ISG ordinary shares.

ISG's existing European retail fit out offering is being integrated with Alpha, and Andre Bernstein, with his 30 years of retail experience, has been appointed Managing Director of the combined European retail fit out business.

AGM Statement.

The Board is pleased to announce that, against a difficult economic background, trading for the period has remained resilient. Revenues in the period have been maintained albeit with margins remaining under pressure. We continue to benefit from our 80% exposure to the private sector and our strategic decision to expand into retail and overseas in recent years.

Our order book for delivery in the current period increased by 7% to 573m (October 2010: 533m) despite the reduction in the number of larger sized projects in the market, with the total order book standing at 709m (October 2010: 690m). Our balance sheet remains robust and we anticipate a net cash position of approximately 25m at December 2011 (December 2010: 37m).

Our London Fit Out business, despite a competitive market, has maintained its revenues and is still securing a steady pipeline of smaller sized projects, helped by our focus on quality of delivery. We continue to expand and improve our reputation and offer in the technology, high-end residential and hotel sectors.

Our Retail Fit Out and Food Retail businesses have maintained their market leading positions and are receiving strong allocations under their client frameworks for the current financial year. In the period we have successfully added new framework relationships with the John Lewis Partnership, Nationwide Building Society and Everything Everywhere.

We expect our UK Construction business to maintain revenues in line with last year, but at lower margins. The increased allocations from the London Organising Committee of the Olympic and Paralympic Games (LOCOG) together with other positive trends in our London business will benefit us in the second half. Regional disparities continue to widen with the South East and London enjoying a markedly stronger flow of work opportunities that will allow us to offset the significant negative problems we previously identified in the South West. As a consequence of this disparity we have also downsized our North East business and discontinued our Affordable Housing activity in the South West. We expect the remainder of the South West business to return to profitable trading by the year end.

In line with our stated strategy to expand in overseas growth markets, we are investing further in management and acquisitions. In Continental Europe we have successfully completed during the period the acquisition of Alpha International, a Paris-based retail fit out company, and this together with our existing retail offer, has considerably enhanced our capabilities to service our international retailing clients. In addition, our European Office Fit Out business has delivered an increased number of projects for key international clients, and we have appointed a new Managing Director for the business.

In Asia we have integrated Realys, the Shanghai based design-led project management company acquired in April 2011. We have seen continued investment by international companies into Asia, and are now benefitting from increased margins and volumes which we anticipate will enhance the division's results for the current financial year.

The Middle East has had a slower start to the year. In particular we have been hindered in the completion of our works due to delay in the completion of base buildings in Abu Dhabi where we are involved in the first five fit outs for international clients on Sowwah Island.

As has been well reported in recent months, there has been a slow down in the European economy and we are not immune from this impact. We remain confident of meeting the Board's expectations for the full year in respect of underlying profits, albeit with a further shift in profit weighting towards the second half. We continue to pursue growth opportunities both organically and by acquisition particularly overseas and to broaden our service offering to key international clients.

12 month low today - yield (if maintained) 9.41%.

c140p looks likely?

Harry - 160 has been a long time target (for me) - but now I'm not so sure :-)

Tricky one to predict, but at c 150p I would be interested, purely from a chart perspective. Bit of an unloved sector.

The Interims seem to come out in early March - about a week before the ex divi - so definitely of interest ( for me) in the short term.

New 12 month low today - yield pushing toward 10%.

Fresh lows here again today - something not right?

Good support at approx 140p.

RSI through the floor - I've had a limit in @146 all day.