The Board of Northern Bear PLC proposed the payment of an increased final dividend of 1.5 pence per share for the year ended 31 March 2015. This is subject to shareholder approval at the Annual General Meeting to be held on 24 August 2015 and, if approved, will be payable on 28 August 2015 to shareholders on the register at 7 August 2015.

The company announced that Neil Jukes has been appointed as Managing Director of MGM in addition to his role as Managing Director of Northern Bear Building Services Limited.

The company announced unaudited consolidated earnings results for the year ended March 31, 2015. For the year, the company's revenue was £41.7 million compared with £36.8 million a year ago. Operating profit was £2.5 million compared with £2.2 million a year ago. Profit before income tax was £1.9 million compared with £1.8 million a year ago. Profit for the year was £1.5 million or 8.4 pence per diluted share compared with £1.3 million or 7.5 pence per diluted share a year ago. Diluted adjusted (pre exceptional and non-recurring expenses) earnings per share was 10.7 pence compared with 7.5 pence a year ago. Net cash flow from operating activities £1.7 million compared with £1.6 million a year ago. Acquisition of property, plant and equipment was £0.71 million compared with £0.44 million a year ago. As on March 31, 2015, the company's net bank debt was £4.8 million.