Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Michelmersh Brick Holdings Plc LSE:MBH London Ordinary Share GB00B013H060 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.54% 92.50p 91.00p 94.00p 92.50p 92.00p 92.00p 35,161 11:24:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 46.3 6.4 5.8 16.0 85.00

Michelmersh Brick Holdings PLC AGM Statement

14/05/2019 7:00am

UK Regulatory (RNS & others)


Michelmersh Brick (LSE:MBH)
Historical Stock Chart

2 Months : From Apr 2019 to Jun 2019

Click Here for more Michelmersh Brick Charts.

TIDMMBH

RNS Number : 8252Y

Michelmersh Brick Holdings PLC

14 May 2019

14 May 2019

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:

"Trading in 2019 has been robust with production volumes in line with expectations. Forward sales have also been positive leading the Company to expect a first half weighting to its financial performance for the year as the overall capacity of the five plants within the Group is fixed. Initial performance indicates that the acquisition of Floren in February 2019 is proving a sound investment that will contribute to the Group's trading performance and strategic options moving forward. The Group's performance to date in 2019 gives the Board confidence in achieving expectations for the full year to 31 December 2019."

Pending approval by shareholders at the AGM, the final dividend in respect of the year ended 31 December 2018 of 2.14 pence per ordinary share will be paid on 28 June 2019 to members on the register on 24 May.

Enquiries:

 
 Michelmersh Brick Holdings Plc 
  Frank Hanna, Joint CEO 
  Stephen Morgan, Finance Director    07384 259407 
 Canaccord Genuity Limited (NOMAD 
  and Broker) 
  Bobbie Hilliam                      020 7523 
  Georgina McCooke                     8150 
 Yellow Jersey PR 
                                       07747 788 
  Charles Goodwin                       221 
                                        07544 275 
  Harriet Jackson                        882 
  Annabel Atkins 
 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks 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 120 million clay bricks 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

AGMAJMLTMBJBMRL

(END) Dow Jones Newswires

May 14, 2019 02:00 ET (06:00 GMT)

1 Year Michelmersh Brick Chart

1 Year Michelmersh Brick Chart

1 Month Michelmersh Brick Chart

1 Month Michelmersh Brick Chart
Your Recent History
LSE
MBH
Michelmers..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190625 17:33:03