Move to FTSE 250 consolidates Group’s strong position.
Chairman of the BSS Group Peter Warry will tell shareholders at the Group’s AGM today that sales in the first quarter of 2005 have continued to grow well ahead of the overall market.
The heating, plumbing and pipeline supplier says that its Industrial Division has benefited from sales to Terminal 5 at Heathrow airport, while the Domestic Division has seen further growth in the social housing market and sales to major contractors.
At the AGM shareholders will be asked to approve a four for one sub-division of the Group's share capital.
Peter Warry said: “Trading at the start of the current financial year has been encouraging and, at this early stage of the year, is in line with expectations. We continue to look forward to the future with confidence.'
BSS became a member of the FTSE 250 during June 2005.