TIDMNAR 
 
RNS Number : 0123W 
Northamber PLC 
11 November 2010 
 

11 November 2010 
 
                                 Northamber Plc 
                        ("Northamber" or the "Company") 
 
 
                          Interim Management Statement 
 
After the challenging trading conditions of very recent years, it is pleasant to 
be able to report positive progress and support my cautiously optimistic 
statement in the recent annual report. 
 
Together with the added benefit of some newer areas of activity, turnover in the 
first fiscal quarter showed improvement over the first quarter of last year and 
also the last quarter of the year to 30 June 2010. 
 
Although the additional sales were achieved on lower gross margins, the sales do 
contribute to a further dilution of our transactional overheads. The net result 
was increased pre-tax profitability but at a slightly lower overall gross 
margin. 
 
The reductions made to the cost base last year, together with our continued 
vigilance in controlling operating costs is reflected in a further reduction in 
operating costs, compared with the same period last year. 
 
The combined effect of greater turnover and our reduced operating cost base was 
an operating profit compared with the operating loss reported in the comparative 
period last year. 
 
Total Net Assets per share at the 30 September 2010 increased to 89.1p compared 
with 88.5p at the year end.  The Company has no structured debt and had cash in 
hand of GBP11.6 million at 30 September 2010 compared with GBP9.1 million at 30 
September 2009, which represented approximately 40p per share. 
 
We  therefore continued to meet one of our core objectives which is to have a 
substantial, sound and liquid funding position, which not only gives us security 
but a strong negotiating position with both our customers and our suppliers. 
 
Whilst seemingly always to be sounding a note of caution with regards to the 
future, the fluidity of the economy, the unknown effects of the "cuts" which 
have yet to manifest themselves and the scheduled change to the rate of VAT, are 
all significant. 
 
In such conditions it is impossible to be anything other than cautious, which is 
another reason why we will continue to place importance in the strength of our 
balance sheet and the control of our working capital as well as optimising our 
net revenues. 
 
 
For further information, contact: 
 
Northamber Plc 
                         020 8296 7000 
David Phillips 
 
Charles Stanley Securities 
                    020 7149 6000 
Russell Cook/Carl Holmes 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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