Michelmersh Brick Holdings PLC AGM Statement (5564N)
May 10 2018 - 1:00AM
UK Regulatory
TIDMMBH
RNS Number : 5564N
Michelmersh Brick Holdings PLC
10 May 2018
10 May 2018
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, Martin Warner, Chairman, will make the following
statement:
"The Group as a whole has performed well for the first four
months of 2018, largely unaffected by some severe weather in
February and March. Carlton Main Brickworks Limited is proving to
be an excellent acquisition and is performing as anticipated. I am
looking forward to its full year contribution to the Group's
results in 2018. At this early stage of the year, the Board expects
the Group's trading performance for the twelve months to 31
December 2018 to be in line with market expectations and show
significant growth over 2017."
Pending approval by shareholders at the AGM, the final dividend
in respect of the year ended 31 December 2017 of 1.45 pence per
ordinary share will be paid on 30 June 2018 to members on the
register on 1 June.
Michelmersh Brick Holdings Plc
Frank Hanna, Joint CEO 01825 430
Stephen Morgan, Finance Director 412
Cenkos Securities plc
Max Hartley (NOMAD) 020 7397
Harry Hargreaves 8900
07747 788
Yellow Jersey PR 221
07555 159
Charles Goodwin 808
Abena Affum
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market
leading brands: Blockleys, Carlton, 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 over 100 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 are 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 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 websites at: www.mbhplc.co.uk and
www.bimbricks.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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