UK's Interserve in talks with banks after profit warning

Oct (Shenzhen: 000069.SZ - news) 16 (Reuters) - British support services and construction company Interserve Plc (Frankfurt: 860509 - news) said on Monday it is in talks with its banks to provide clarity on its current trading and recent profit warning.

The statement follows a Sky News report on Sunday that Interserve's lenders, including HSBC and Royal Bank of Scotland (LSE: RBS.L - news) , have hired EY as an adviser last week.(http://bit.ly/2gdwqFN)

The company said that work is underway to "provide greater clarity" on Interserve's current trading and waste-from-energy provision.

On Sept. 18 Interserve said the "complexities of completion" meant final costs associated with its exit from the waste-to-energy business would exceed a previous 160 million pound ($213 million) provision.

HSBC, RBS and EY could not immediately be reached for a comment.

Interserve shares fell 4.3 percent by in opening trading.

($1 = 0.7530 pounds) (Reporting by Arathy S Nair and Parikshit Mishra in Bengaluru; Editing by Louise Heavens)