17:00 Wed 20 May 2015
Michelmersh Brick - AGM Statement
("MBH", or the "Group")
AGM STATEMENT
"I am pleased to report that the Company has continued to perform strongly in the first four months of 2015. Demand has been strong and deliveries are up by 10% on the same period in 2014, partly as a result of the increased capacity at
"The Board expects continued strong trading and high demand for its premium product and consequently anticipates that the Group will meet current market expectations for the year to
"The Board continues to address opportunities with ancillary land assets at the
"The Group remains uniquely placed in an industry with high barriers to entry. We remain well-financed and positioned to benefit from higher demand for bricks in the
Enquiries:
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01825 430 413 |
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Cenkos Securities plc
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020 7397 8900 |
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Yellow Jersey PR
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07799 003 220 07768 537 739
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About
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing approximately 70 million clay bricks, tiles and pavers per annum.
Recently Michelmersh's products have been successfully used in prestigious projects such as the Nottingham Railway Station refurbishment,
Please visit the Group's website at: www.mbhplc.co.uk
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