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Shares in Billington Holdings, the structural steel and engineering firm, fell 8% this morning after it posted losses and cancelled its interim dividend. Revenue was £22.8m, up from £21.3m, in the six months to the end of June. But the company posted a pre-tax loss of £600,000, down from a £1.1m p
Read moreAIM-quoted structural steel supplier Billington Holdings has reported lower revenues and profit for 2010 but there is hope for the longer-term. Management says that there are signs of an upturn in the structural steel market but margins are coming under continued pressure. Revenues from continui
Read moreStructural steel supplier Billington has reported a sharp fall in profit in the first half of 2010 but this is in line with its expectations at the time of the 2009 figures. Revenues fell from £29.7m to £21.3m in the six months to June 2010, while pre-tax profit slumped from £2.62m to £1.09m. Net ca
Read moreAn 'increasingly robust' performance from Billington's core structural steel business should ensure full year results are 'considerably better' than originally anticipated, although a weak construction sector leaves it cautious about prospects for 2010. The structural steel and engineering firm gre
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