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Market Cap: £70.71m
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Replacement: Trading Statement

19 Oct 2015 08:53

RNS Number : 6536C
Michelmersh Brick Holdings PLC
19 October 2015
 

The following amendment has been made to the 'Trading Statement' announcement released on 19 October 2015 at 7.00 a.m. under RNS No 6105C.

 

The scheduled release date for the full year results is 21 March 2016. The previous announcement incorrectly listed the release date as 21 March 2015.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

 

 

Michelmersh Brick Holdings Plc

("MBH" or the "Group")

TRADING UPDATE

Full year profit before tax likely to exceed market expectations

Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer and landfill company, today reports to the market on a better than expected trading performance in the second half of the year to 31 December 2015, achieved through operating efficiencies, continued low energy costs and aided by the additional capacity from Freshfield Lane. Delivery volumes are below previous expectations as a result of a softening of the market, however average selling prices are ahead of those budgeted. As a consequence, the Group is likely to exceed the market expectations of profit before taxation for the year. The results for the full year are scheduled for release on 21 March 2016.

 

Enquiries:

Michelmersh Brick Holdings

Martin Warner, CEO

Stephen Morgan, Finance Director

 

 01825 430 413

Cenkos Securities plc

Bobbie Hilliam (NOMAD)

Harry Pardoe

Alex Aylen (Sales)

 

020 7397 8900

Yellow Jersey PR

Dominic Barretto

Charles Goodwin

 

07768 537 739

07747 788 221 

 

 

About Michelmersh Brick Holdings PLC:

 

Michelmersh Brick Holdings PLC is a business with five leading market 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 70 million clay bricks, tiles and pavers per annum. MBH PLC currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.

 

Recently Michelmersh's products have been successfully used in prestigious projects such as the Nottingham Railway Station refurbishment, Manchester's Salford Quays regeneration project and the Lend Lease, Elephant and Castle redevelopment in London. We are also suppliers to high value housing developers such as Berkeley and St James Homes, delivering to key city regeneration projects such as Battersea Reach.

Further information on the Company can be found at www.mbhplc.co.uk.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTDMMMGNLRGKZG
Date   Source Headline
16th Jun 201012:00 pmRNSDirector/PDMR Shareholding
16th Jun 20107:00 amRNSDisposal
20th May 201012:12 pmRNSResult of AGM
20th May 20107:00 amRNSAGM Statement
15th Apr 20107:00 amRNSFinal Results
12th Apr 20107:00 amRNSCompletion of Acquisition
8th Apr 20102:53 pmRNSHolding(s) in Company
31st Mar 20102:50 pmRNSTotal Voting Rights
24th Mar 201012:04 pmRNSResult of General Meeting & Notice of Results
1st Mar 20101:18 pmRNSReplacement:Acquisition, Proposed Placing & GM
1st Mar 20107:00 amRNSAcquisition, Proposed Placing & Notice of GM
28th Jan 201011:33 amRNSGrant of Planning Permission & Trading Update
22nd Sep 20097:00 amRNSInterim Results
16th Sep 20097:00 amRNSPlanning Application Submitted
15th Sep 20097:38 amRNSNotice of Results
17th Aug 20097:00 amRNSEstablishment of Hathern Terracotta
20th Jul 20097:00 amRNSBanking Facilities Renegotiated
21st May 20094:32 pmRNSAGM Statement
21st May 20097:00 amRNSAGM Statement
21st Apr 20097:00 amRNSFinal Results
17th Apr 20097:30 amRNSNotice of Results
2nd Mar 20097:00 amRNSNew Contract
13th Oct 20087:30 amRNSDirectorate Change
29th Sep 20087:00 amRNSInterim Results
18th Sep 20082:53 pmRNSTrading Update & Notice of Interim Results
31st Jul 20088:35 amRNSTotal Voting Rights
23rd Jul 200812:31 pmRNSResult of AGM
23rd Jul 20087:00 amRNSAGM Statement
14th Jul 200810:18 amRNSIssue of Equity
30th Jun 20082:53 pmRNSAnnual Report and Accounts
16th Jun 20087:55 amRNSDirector/PDMR Shareholding
4th Jun 20087:00 amRNSFinal Results
2nd Jun 20087:35 amRNSNotice of Results
30th May 20084:46 pmRNSTotal Voting Rights
7th May 200812:34 pmRNSIssue of Equity
30th Apr 20084:48 pmRNSIssue of Equity
30th Apr 20081:37 pmRNSTotal Voting Rights
21st Apr 200811:42 amRNSIssue of Equity
18th Apr 20089:07 amRNSNotice of Results
31st Mar 20085:10 pmRNSTotal Voting Rights
31st Mar 20087:01 amRNSTrading Statement
19th Mar 200812:38 pmRNSIssue of Equity
29th Feb 20084:06 pmRNSTotal Voting Rights
4th Feb 20087:00 amRNSClose Period Statement
29th Jan 20082:45 pmRNSIssue of Equity
31st Dec 20077:00 amRNSTotal Voting Rights
17th Dec 20079:29 amRNSDirector/PDMR Shareholding
13th Dec 200710:51 amRNSIssue of Equity
7th Dec 200710:22 amRNSIssue of Equity
3rd Dec 20073:32 pmRNSHolding(s) in Company

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