Capital/Financing Update • Jul 29, 2016
Capital/Financing Update
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National Storage Mechanism | Additional information
RNS Number : 5565F
Billington Holdings PLC
29 July 2016
29 July 2016
Billington Holdings Plc
('Billington' or 'the Group')
Trading Update
Full year results anticipated significantly ahead of expectations
Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is pleased to provide an update on trading ahead of its interim results for the 6-months to 30 June 2016.
The Group's performance has continued to improve during the first half of 2016 and the order book has continued to strengthen, providing good visibility beyond the end of the current financial year. Furthermore, good early progress has been made at Shafton Steel following the acquisition of the site in December 2015.
As a result of the above, the Board anticipates that results for the year to 31 December 2016 will be significantly ahead of current market expectations.
The Board looks forward to further updating shareholders at the time of the interim results, which will be announced before the end of September 2016.
ENDS
For further information please contact:
Billington Holdings Plc Tel: 01226 340666
Mark Smith, Chief Executive
Trevor Taylor, Finance Director
Blytheweigh Tel: 020 7138 3204
Tim Blythe
Megan Ray
Rachael Brooks
W H Ireland Limited Tel: 0161 819 8875
Katy Mitchell
This information is provided by RNS
The company news service from the London Stock Exchange
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