Pre-Close Trading Update and Notice of Results
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Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer, today announces a pre-close trading update ahead of its final results for the year ending 31 December 2024.
Following the half year results announcement on 3 September 2024, the trading performance of the Group has continued to be resilient into the final quarter of the financial year.
Our order intake continues to run ahead of manufacturing capacity as we have focused on growing a well-balanced forward order book with appropriate pricing to support demand. While the inflection point in activity levels within the construction sector remains uncertain, we are working closely with our customers on the expected timing of despatches. Group trading is also benefiting from the quality of the order book built up during the year across our broad and diverse customer base.
We remain resolute in our focus on delivering excellent products and services. Given the resilience of trading during the second half of the year, the Board expects revenue, profit and cash for the Group to be in line with market expectations for the 12 months ending 31 December 2024.
The Group intends to report its full 2024 results on 25 March 2025.
| Michelmersh Brick Holdings Plc Peter Sharp, Chief Executive Officer Ryan Mahoney, Chief Financial Officer | Tel: +44 (0)1825 430 412 |
| Canaccord Genuity Limited (NOMAD and Joint Broker) Max Hartley Bobbie Hilliam Harry Pardoe | Tel: +44 (0)20 7523 8000 |
| Berenberg (Joint Broker) Richard Bootle Detlir Elizi Patrick Dolaghan | Tel: +44 (0) 203 207 7800 |
| Yellow Jersey PR Charles Goodwin Annabelle Wills | Tel: +44 (0)7747 788 221 Tel: +44 (0)7775 194 357 |
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