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BSS Group to report good year-end figures

Heating, plumbing and pipeline equipment distributor the BSS Group is to post better than expected results later this month. In a trading update BSS said it continued to make solid progress and anticipates that revenue and profit for the year ending March 31 will be slightly ahead of expectations. The Group said its industrial and domestic divisions were showing encouraging like-for-like sales growth, compared with the same period last year. The Domestic division continued to grow market share, opening 32 new branches UK-wide. The industrial division maintained sales and outperformed the market by increasing volumes and getting more involved with major contract work. The preliminary results will be announced on May 29.