Michelmersh exceeds market expectations
Published: 15 December, 2014
Michelmersh Brick Holdings has reported a strong trading performance in advance of the group's final results for the year ending 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.