Northbridge Industrial Services Plc - Taking the long view
Published: 14:09 08 Jan 2018 GMT
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to industries including utility companies, oil and gas, shipping, construction and the public sector. The customer base spans major markets globally (see chart p2).
Northbridge Industrial Services plc (LON:NBI) has two core operating activities.
Executive summary
In this report we highlight the valuation of Northbridge Industrial Services in terms of price/book (chart p2). We argue that this gives an indication of the potential upside in the future event of a recovery in the demand environment.
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