Michelmersh 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.
Read moreDirector dealings: Michelmersh director makes share purchase
30th Nov 2020 16:09
(Sharecast News) - Michelmersh revealed on Monday that non-executive director Anthony Morris had acquired 22,658 ordinary shares in the xxx listed brick manufacturer.
Read moreMichelmersh capacity back in line with pre-Covid levels
27th Nov 2020 08:17
(Sharecast News) - Brick manufacturer Michelmersh said on Friday that its trading performance since June had been "resilient", with current capacity back in line with pre-Covid levels and turnover ahead 7% year-on-year.
Read moreMichelmersh 'swiftly' returns to full operational capacity
18th Jun 2020 09:08
(Sharecast News) - Brick manufacturer Michelmersh said on Thursday that it has "swiftly" returned to full operational capacity since recommencing production at all of its plants on 21 April.
Read moreMichelmersh FY revenues enhanced by Belgian acquisition
15th Jan 2020 08:53
(Sharecast News) - Brick manufacturer Michelmersh updated investors on the state of the company following its recently wrapped up trading year on Wednesday.
Read moreMichelmersh interim profits rise as UK operations shine
3rd Sep 2019 09:59
(Sharecast News) - Brick and paver manufacturer Michelmersh saw profits rise in the first six months of its trading year, leading the group to expect to top market expectations for the full-year.
Read moreMichelmersh buys Belgian brickmaker Floren
18th Feb 2019 12:07
(Sharecast News) - Specialist brick manufacturer Michelmersh has acquired the entire issued share capital of Floren & Cie, an established clay brick manufacturing business - for a maximum consideration of €9.9m, it announced on Monday.
Read moreMichelmersh sees full-year results in line with market views
14th Jan 2019 08:45
(Sharecast News) - Brick manufacturer Michelmersh said on Monday that results for the year are set to be in line with market expectations.
Read moreTuesday broker round-up
11th Dec 2018 13:41
(Sharecast News) - ASOS: Morgan Stanley downgrades to underweight with a target price of 3,200p.
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