Support services group May Gurney says trading is in line with expectations, but its order book is flat at £1.5bn, with a sales pipeline of more than £4bn.
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The company will also incur £2.9m in exceptional costs following its restructuring. After a disappointing performance in the facilities division, which is responsible for 7 per cent of group sales, management is "reviewing its options" including closure.
Chief executive Philip Fellowes-Prynne says integration of the TransLinc fleet management company was proceeding to plan and that the financial year that has just begun would be one of consolidation as management focuses on improving profit margins.
