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Michelmersh Brick Holdings CEO: Industry getting back to better returns

Published: 00:53 21 May 2015 AEST

Martin Warner, chief executive of Michelmersh Brick Holdings (LON:MBH), says the construction industry is ‘getting back to some better returns’ for the first time in years.

He says there is a general pick-up in confidence in the industry and discusses plans to invest money in equipment to improve efficiency.

In an AGM statement delivered to shareholders earlier today, chairman Eric Gadsden said the company enjoyed a strong start to the financial year thanks to improvements to the brick market driven by overall activity in the construction sector.

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