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Pin to quick picksBillington Regulatory News (BILN)

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AGM Statement

31 May 2022 07:00

RNS Number : 2846N
Billington Holdings PLC
31 May 2022
 

31 May 2022

Billington Holdings Plc

("Billington", the "Group" or the "Company")

AGM Statement

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, announces that at the Company's Annual General Meeting ("AGM") being held at 2 p.m. today, Ian Lawson, the Company's Non-executive Chairman, will make the following statement:

 

"Following 2021, which was a year of partial recovery following the worst of the Covid-19 pandemic, 2022 has started positively for Billington. A number of large industrial contracts have been secured and the Company has a significant pipeline of opportunities.

 

"Despite the macroeconomic headwinds, particularly with regard to material availability, price volatility and inflationary pressures, the Company is trading in line with market expectations. We have a robust business and are well placed to deliver improved results in 2022. I remain confident in the Group's prospects for the medium and long term."

 

For further information please contact:

 

Billington Holdings Plc

Tel: 01226 340 666

Mark Smith, Chief Executive

Trevor Taylor, Chief Financial Officer

WH Ireland Limited

Tel: 020 7220 1666

Chris Hardie

Fraser Marshall

IFC Advisory Limited

Tel: 020 3934 6630

Tim Metcalfe

Graham Herring

Zach Cohen

 

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