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BSS edges past market expectations

Equipment supplier BSS Group said it expects to post revenue and profit marginally ahead of market expectations for the financial year ending yesterday.

In a trading statement today, BSS management said trading was positive across all divisions and the group had a particularly strong final quarter.

The firm’s full-year results, to be announced on 28 May, will for the first time cover its new specialist division, established last April after the group acquired specialist tool supplier Buck & Hickman.

The group, which acquired building-materials distribution firm Birchwood Products for £22.4 million last month, has two other divisions - domestic and industrial.

Last year BSS posted pre-tax profits of £47.3 million, up 28.2 per cent from 2006, from revenue of £1.01 billion.