Berenberg lowers target price on Michelmersh Brick
25th Mar 2026 07:55
(Sharecast News) - Analysts at Berenberg lowered their target price on Michelmersh Brick Holdings from 150p to 120p on Wednesday, but noted the firm has been succesful in maintaining market share amid "customer uncertainty".
Read moreMichelmersh expects profit decline after Q4 construction market slowdown
2nd Dec 2025 08:21
(Sharecast News) - Brick manufacturer Michelmersh has pointed to a "notable slowdown" in the construction market and activity levels in the final quarter of 2025, as it guided to a slight drop in profits this year.
Read moreBerenberg lowers target price on Michelmersh following interim results
2nd Sep 2025 11:11
(Sharecast News) - Analysts at Berenberg lowered their target price on brick maker Michelmersh from 170p to 150p on Tuesday after the group published its H125 results earlier in the morning.
Read moreMichelmersh H1 profits fall as Carlton shutdown weighs
2nd Sep 2025 09:45
(Sharecast News) - Brick manufacturer and fabricator Michelmersh said on Tuesday that profits had slumped in the six months ended 30 June despite a modest uptick in revenues.
Read moreMichelmersh Brick maintains full-year expectations
15th May 2025 12:36
(Sharecast News) - Michelmersh Brick said in an update on Thursday that its full-year expectations remained unchanged, as it continued to see supportive order intake across its markets, despite ongoing competitive pricing pressures in some segments.
Read moreMichelmersh trading in line with expectations
22nd Nov 2024 12:26
(Sharecast News) - Specialist brick manufacturer Michelmersh said in a trading update on Friday that its performance for the year ending 31 December remained in line with market expectations.
Read moreCanaccord Genuity lowers target price on Michelmersh Brick Holdings
3rd Sep 2024 10:46
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on building products manufacturer Michelmersh Brick Holdings from 180.0p to 170.0p on Tuesday following the group's interim trading results.
Read moreMichelmersh reports positive order momentum
16th May 2024 16:49
(Sharecast News) - Specialist brickmaker Michelmersh reported continued positive order intake momentum in an update on Thursday, aligning with market expectations.
Read moreMichelmersh Brick confident despite market challenges
23rd Nov 2023 12:34
(Sharecast News) - Michelmersh Brick Holdings said in a trading update on Thursday that, despite ongoing challenges in the construction industry and the broader economy, it saw resilience in its performance during the final quarter of the financial year.
Read moreSimpson retiring as Brickability CEO, board taps Michelmersh chief
26th May 2023 13:20
(Sharecast News) - Construction materials company Brickability announced on Friday that chief executive officer Alan Simpson had decided to retire from his role, and step down as a director.
Read moreMichelmersh confident after year of growth
29th Mar 2023 14:53
(Sharecast News) - Specialist brick manufacturer and fabricator Michelmersh reported a 15% rise in revenue in its final results on Wednesday, to £68.4m, while its gross margin decreased slightly to 39.4%, down 1.3 percentage points.
Read moreDemand stable amid ongoing inflation for Michelmersh Brick
12th May 2022 12:33
(Sharecast News) - Specialist brick maker Michelmersh said in an update on Thursday that the "strong and well-balanced" order book and positive momentum it reported in 2021 had continued into the new financial year.
Read moreMichelmersh Brick FY revenues and profits projected to top market expectations
25th Nov 2021 10:27
(Sharecast News) - Building materials company Michelmersh Brick said on Thursday that its trading performance had continued to be positive in the final quarter of the financial year, with full-year revenue and profits both seen topping market expectations thanks to "strong demand" seen in its end markets.
Read moreCanaccord hikes target price on Michelmersch, points to strong execution and cash conversion
7th Sep 2021 10:13
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price for shares of Michelmersh Brick Holdings from 146.0p to 162.0p, pointing out to clients the company's good execution amid challenging circumstances and "strong" cash conversion.
Read moreMichelmersh experiences 'strong' demand YTD
3rd Jun 2021 09:24
(Sharecast News) - Brick manufacturer Michelmersh said on Thursday that it has experienced "strong demand" from its customers since returning to full production capacity during the summer of 2020.
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