

| Home | | | Company Profile | | | Operations | | | Planning & Development | | | Employment | | | Investor Info | | | News | | | Share Price | | | Contact Us |
ATH Resources plc, one of the UK's largest coal producers, advises that it will be announcing its Preliminary Results for the year ended 30 September 2008 on Wednesday, 3 December 2008.
An analyst briefing given by David Port (Non-Executive Chairman), Tom Allchurch (Chief Executive) and Steven Beaumont (Group Finance Director) will be held at 9.30 am on Wednesday, 3 December 2008 at Abchurch Communications Ltd, 5th Floor, 100 Cannon Street, London, EC4N 6EU.
| For further information: | |
| ATH Resources | |
| Tom Allchurch, Chief Executive | Tel: +44 (0) 1302 760 462 |
| tom.allchurch@ath.co.uk | www.ath.co.uk |
| Evolution Securities Limited | |
| Joanne Lake/Peter Steel | Tel: +44 (0)113 243 1619 |
| joanne.lake@evosecurities.com | www.evosecurities.com |
| Media enquiries | |
Abchurch |
|
Sarah Hollins / George Parker/ Mark Dixon |
Tel: +44 (0) 113 203 1341 |
Notes to Editors
ATH, the UK-based coal and land regeneration company, was listed on the AIM market in June 2004 and operates five surface coal mines in Scotland: Skares Road, Grievehill and Laigh Glenmuir in East Ayrshire, Glenmuckloch in Dumfries and Galloway and Muir Dean in Fife.
The Group is currently the third largest producer of coal in the UK, producing approximately 2 million tonnes per annum. Coal is used to generate around a third of the UK's electricity and the Group holds coal supply contracts with three of the UK's main electricity generating companies.
In addition to its operating mines, the Group also has a number of other coal mining projects in Scotland and two through its French subsidiary, SRMMC including a series of six existing coal concessions in south-central France, covering an area of 36km2, with an estimated resource of approximately 4.5 million tonnes of recoverable coal.
In May 2006, the Group acquired ATH Regeneration, a successful coal recovery, land remediation and regeneration business with a particular focus on colliery spoil heap reclamation projects. The acquisition, which was earnings enhancing, enabled ATH to build on its skills as a regenerator of land, whilst developing strong relationships with key English planning authorities. ATH Regeneration has been successfully integrated into the Group. The operational diversification that the acquisition brings to the Group will be a significant driver of ATH's organic growth going forward both in the UK and overseas.
For the year ending 30 September 2007, the Group achieved turnover of £70.5 million, an increase of 30% on its 2006 year end, while EBITDA was up 31% to £25.1 million for the same period.
Further information on ATH Resources can be found at www.ath.co.uk
| Back to Latest News | Back to Top |