StockMarketWire.com - Brick and landfill company Michelmersh Brick Holdings said it expected its performance in 2019 to be weighted to the first half.

Trading so far in the year had been 'robust', with production volumes in line with expectations, chairman Martin Warner said in speech notes for the company's annual general meeting.

'Forward sales have also been positive leading the company to expect a first half weighting to its financial performance for the year as the overall capacity of the five plants within the group is fixed,' Warner said.

'Initial performance indicates that the acquisition of Floren in February 2019 is proving a sound investment that will contribute to the group's trading performance and strategic options moving forward.'

'The group's performance to date in 2019 gives the board confidence in achieving expectations for the full year to 31 December 2019.'




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