Last checked at 15 Dec 2014 07:00
Michelmersh Brick Holdings Plc
("MBH" or the "Group")
POSITIVE TRADING UPDATE
Notice of Results
Block Listing
Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer and landfill company, today reports to the market on strong trading performance in advance of the Group's Final Results for the year ended 31 December 2014, which is scheduled for release on 23 March 2015.
The Board is pleased to announce that strong trading conditions have continued late into 2014 and both brick volumes and selling prices are better than expected. As a consequence, the Group is likely to exceed the market expectations of turnover and profit before taxation for the year.
The project to increase production capacity at Freshfield Lane is almost complete and will increase the Group's output from the first quarter of 2015.
Further to the Block Listing application reported in June 2014, 405,444 ordinary shares of 20 pence each have been issued in connection with the Michelmersh Brick Holdings Plc Sharesave Scheme. As at today, there are 81,234,656 ordinary shares in issue. No shares are held in treasury and so the total number of current voting rights is therefore 81,234,656.
Enquiries:
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Further information on the Company can be found at www.mbhplc.co.uk. | |||||||||