StockMarketWire.com - PHSC, a provider of health, safety, hygiene and environmental consultancy services and security solutions to the public and private sectors, said group sales and other income in the 9 months to Dec. 31, 2013, rose 48% to £5.7m. Net assets totalled £6.3m, from £5.5m.

"All of the additional revenues and earnings arise from our two most recent acquisitions, B to B Links Limited and QCS International Limited," said CEO Stephen King.

"The remaining health and safety-related businesses continue to face challenging market conditions, but taken together they still account for the majority of Group income and profit."

He said trading was, as anticipated, noticeably lower over the Christmas and New Year period, with many clients closed down for the holidays or focussing on other priorities.

"In consequence, December's sales figures were adversely affected."

King said the board looked forward to a strong final quarter in line with the trend in recent years and is confident that its previous projection of EBITDA for the full year of between GBP 700k-750k remains attainable.


At 8:27am: [LON:PHSC] PHSC PLC share price was 0p at 31.5p



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