Norish announces profits, intention to switch to AIM

Storage company Norish has announced pre-tax profits of £300,000 (€435,500) for 2004, compared to pre-tax losses of £400,000 (€581,000) after exceptional items of £600,000 (€871,000) for last year.

The profit per share is 2.7p compared with a loss of 3.6p last year. Net debt at the year-end reduced by £700,000 9€1m) to £200,000 (€290,000).