Construction industry | The Guardian
Brickmakers fire up production amid booming demand
Investors in UK's Michelmersh Brick Holdings look for news of expanding production amid pick-up in housebuilding and property boom
The hot property market and a pick-up in housebuilding is expected to have buoyed British brickmaker Michelmersh Brick Holdings when it reports half-year results on Monday.
The AIM-listed company has been ramping up production at its brickworks as builders complain of materials shortages now that the construction sector is climbing out of recession. Michelmersh, which is made up of centuries-old brickworks acquired since the late 1990s, has benefited from rising demand and prices.
Continue reading...
No comments:
Post a Comment