Last checked at 15 Jan 2018 13:15
15 January 2018
Billington Holdings Plc
('Billington', 'the Group' or 'the Company')
Trading Update
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, today announces that the Company intends to release its results for the year to 31 December 2017 on 27 March 2018.
The Board is pleased with the progress made across the Group in 2017, and the year end results are anticipated to be in line with market expectations.
Billington also notes that, the announcement made by Carillion this morning, stating that it is entering into compulsory liquidation with immediate effect, will have no material impact on Billington or the Company's results.
Mark Smith, Chief Executive Officer, commented:
"2017, which saw Billington celebrate its 70 anniversary, was another successful year and the Group continued its progress in all business divisions.
"During the year, the Company completed a number of high profile projects for various principal contractors, including, the IKEA superstore in Sheffield and the Coventry Water Park. In addition, it continued to invest in technology and machinery, and progress at Shafton Steel Services has increased the range of services that Billington is able to offer.
"I look forward to updating shareholders in March."
For further information please contact:
Billington Holdings Plc Tel: 01226 340666
Mark Smith, Chief Executive Officer
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