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Pin to quick picksBillington Regulatory News (BILN)

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Market Cap: £52.70m
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Contracts Awarded

4 Aug 2017 11:10

RNS Number : 1615N
Billington Holdings PLC
04 August 2017
 

4 August 2017

Billington Holdings Plc

 

('Billington' or 'the Group')

 

Contracts Awarded

 

Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is pleased to announce that its structural steel division, Billington Structures, has been awarded two contracts with a combined value of £14 million.

 

The contracts have been awarded by two prominent main contractors, the first for a large distribution centre in the South West, and the other for a leading and distinguished London university. These contracts will lead the Group in to a very busy second half of the year with a proportion of the work expected to carry over into 2018.

 

Mark Smith, Chief Executive Officer, commented:

 

"The award of these two prestigious contracts is great news for Billington and is a testament to our team and our expertise. We look forward to working closely with both contractors to successfully deliver these projects.

"We believe that the Group can look forward to a busy second half of the year and that these contracts highlight that there are many positive tender opportunities in the market.

"We look forward to keeping shareholders updated on the Group's progress in September upon the release of the interim results."

 

 

ENDS

For further information please contact:

 

Billington Holdings Plc Tel: 01226 340666

Mark Smith, Chief Executive

Trevor Taylor, Finance Director

 

Blytheweigh Tel: 020 7138 3204

Tim Blythe

Megan Ray

Rachael Brooks

 

W H Ireland Limited Tel: 0161 819 8875

Katy Mitchell

Ed Allsopp

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBGGDICGGBGRS
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