Northern Bear – Trading Update boosts share price by 12% this morning, now 106p after touching 108p – more to come

Mark Watson-Mitchell – 01.10.2025

The favourable winter weather is helping Northern Bear (LON:NTBR), the specialist building and support services group, to currently trade ahead of market expectations.

This morning’s Trading Update confirmed that it is currently trading ahead of expectations since the preliminary results on 15th July.

The full-year EBIT for FY26 is expected to be broadly consistent with the Adjusted FY25 EBIT.

The company also reported a non-recurring operating profit of approximately £1.0m.

This profit enabled the Group to fully repay its outstanding term debt of £1.275m related to the tender offer settled on 8th December, 2023.

Excluding the non-recurring profit, the Board expects EBIT for the year to 31st March 2026, to be broadly in line with Adjusted FY25 EBIT.

After this morning’s news, the group’s shares ran rapidly up to 108p on the back of heavier-than-normal trading volumes.

That 12% rise is a very healthy indicator of private investor interest in this undervalued £15m-capitalised business.

(Profile 11.07.25 @ 89.50p set a Target Price of 110p*)