Trading Update

RNS Number : 9061B

Billington Holdings PLC

15 January 2018

 

15 January 2018

Billington Holdings Plc

('Billington', 'the Group' or 'the Company')

Trading Update

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, today announces that the Company intends to release its results for the year to 31 December 2017 on 27 March 2018.

The Board is pleased with the progress made across the Group in 2017, and the year end results are anticipated to be in line with market expectations. 

Billington also notes that, the announcement made by Carillion this morning, stating that it is entering into compulsory liquidation with immediate effect, will have no material impact on Billington or the Company's results.  

Mark Smith, Chief Executive Officer, commented:

"2017, which saw Billington celebrate its 70 anniversary, was another successful year and the Group continued its progress in all business divisions.

"During the year, the Company completed a number of high profile projects for various principal contractors, including, the IKEA superstore in Sheffield and the Coventry Water Park. In addition, it continued to invest in technology and machinery, and progress at Shafton Steel Services has increased the range of services that Billington is able to offer.

"I look forward to updating shareholders in March."

For further information please contact:

Billington Holdings Plc                                                                          Tel:        [phone]

Mark Smith, Chief Executive Officer

Trevor Taylor, Finance Director

Blytheweigh                                                                                             Tel:        [phone]

Tim Blythe                                                                                                                         

Megan Ray                                                                                                         

Rachael Brooks                                                                                                                

W H Ireland Limited                                                                                Tel:        [phone]

Katy Mitchell

Ed Allsopp

 

END

 

 

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