Last checked at 10 May 2017 07:00
10 May 2017
Michelmersh Brick Holdings PLC
("MBH", or the "Group")
AGM STATEMENT
Michelmersh Brick Holdings PLC (AIM:MBH.L), the specialist brick, land development and landfill company, announces that, at its Annual General Meeting (AGM), which is to be held at 10.30 am today, Eric Gadsden, Chairman, will make the following statement:
"After a very satisfactory trading performance in 2016, I am pleased to report that the Group has performed well for the first four months of 2017. The Board expects the Group's trading performance for the twelve months to 31 December 2017 to be in line with market expectations.
"I have announced previously that I would stand down as Chairman at this year's AGM. I would like to record my thanks to all of the staff in the business, shareholders and our team of professional advisers for their help and support over the last twenty years. I leave the Company in a very healthy trading position and have no doubt that it will continue to flourish in the coming years.
"The Board confirms that the results for the six months to 30 June 2017 will be released on 4 September 2017."
Enquiries:
Michelmersh Brick Holdings Frank Hanna, Joint CEO Stephen Morgan, Finance Director
| 01825 430 412 | |
Cenkos Securities plc Bobbie Hilliam (NOMAD) Harry Pardoe Alex Aylen (Sales)
| 020 7397 8900 | |
Yellow Jersey PR Charles Goodwin Dominic Barretto
|
07747 788 221 07768 537 739
| |
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with five market leading brands: Blockleys, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing approximately 72 million clay bricks, tiles and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.
Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders is at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our built environment by adding value to the architectural landscape for generations to come.
We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".
Please visit the Group's website at: www.mbhplc.co.uk