Michelmersh Brick Holdings (MBH)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

104.13p
   
  • Change Today:
      0.13p
  • 52 Week High: 108.50p
  • 52 Week Low: 82.00p
  • Currency: UK Pounds
  • Shares Issued: 93.68m
  • Volume: 42,003
  • Market Cap: £97.54m
  • Beta: 0.26

Michelmersh 'swiftly' returns to full operational capacity

By Iain Gilbert

Date: Thursday 18 Jun 2020

LONDON (ShareCast) - (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.
Michelmersh said the impact of the Covid-19 related closures hit turnover up to the end of May, with UK turnover down 25% year-on-year and Belgian turnover "less affected".

While the AIM-listed group has "taken encouragement" from the positive return of manufacturing capacity and was intent on satisfying customer demand, chairman Martin Warner said there was still "some uncertainty" over the length of time until trading normalises and stated that it remained "too early to make judgements on expectations for 2020 and beyond".

In order to retain its strong financial base, with cash balances of over £18m and net debt of just £7m, Michelmersh said it had taken steps to insulate the group.

Michelmersh also said it had implemented new safe operating procedures, with all of the group's facilities being subject to "rigorous ongoing monitoring" in order to protect and reassure staff.

As of 0905 BST, Michelmersh shares were up 1.52% at 100.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MBH Market Data

Currency UK Pounds
Share Price 104.13p
Change Today 0.13p
% Change 0.12 %
52 Week High 108.50p
52 Week Low 82.00p
Volume 42,003
Shares Issued 93.68m
Market Cap £97.54m
Beta 0.26

MBH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.74% above the market average12.74% above the market average12.74% above the market average12.74% above the market average12.74% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Price Trend
62.65% above the market average62.65% above the market average62.65% above the market average62.65% above the market average62.65% above the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Income
74.29% above the market average74.29% above the market average74.29% above the market average74.29% above the market average74.29% above the market average
79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average
Growth
37.54% above the market average37.54% above the market average37.54% above the market average37.54% above the market average37.54% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MBH Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-24 06-Jun-24
Paid 09-Jan-25 10-Jul-24
Amount 1.60p 3.00p

Trades for 22-Nov-2024

Time Volume / Share Price
09:29 3 @ 103.00p
09:29 1 @ 106.00p
09:29 6,286 @ 104.90p
09:18 5,713 @ 104.80p
08:03 10,000 @ 104.00p

MBH Key Personnel

CEO Peter Sharp
CFO Ryan Mahoney

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