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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.50% | 100.50 | 100.00 | 101.00 | 100.50 | 100.00 | 100.00 | 218,092 | 11:41:36 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Brick & Structural Clay Tile | 77.34M | 9.66M | 0.1033 | 9.73 | 93.98M |
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Michelmersh Brick Holdings PLC
03 September 2014
3 September 2014
Michelmersh Brick Holdings PLC
("Michelmersh" or the "Company")
Launch of Select Order Process to meet the needs of its customer base
Michelmersh Brick Holdings PLC (AIM:MBH.L), the specialist brick company, is pleased to announce the launch of a bespoke 'Select Order Process' for customers due to the recent increase in demand for bricks. This will allow customers to have greater confidence in the delivery of their chosen product.
Products are ordered by an approved distributor to be stored at the manufacturer's premises, pending delivery in accordance with a pre-agreed delivery date. Michelmersh will also agree a fixed price with its clients, where they can rest assured that no variation to that price will be made for the products ordered, provided the delivery schedule is maintained.
Frank Hanna, Group Commercial Director, commented: "The Select Order Process is just one of the initiatives we have brought in to improve and innovate the way in which we distribute our brick products. Our aim is to apply an assured, accurate and more structured approach to the industry's dated dispatch processes. Our bespoke order service is how we will try to lead the industry."
For further Enquiries, please visit the website www.mbhplc.co.uk : Michelmersh Brick Holdings Martin Warner, CEO Stephen Morgan, Finance Director Frank Hanna, Group Commercial Director 01825 430 413 Cenkos Securities plc Bobbie Hilliam (NOMAD) Harry Pardoe Alex Aylen (Sales) 020 7397 8900 Yellow Jersey PR Dominic Barretto 07768 537 739 Kelsey Traynor 07799 003 220 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 projects such as the extension of the Lutyens-designed, Grade II Listed, Henrietta Barnett School in Hampstead Garden Suburb, the award-winning Holiday Inn Express in Manchester and the contemporary Falmer Academy building in Brighton. 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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