Michelmersh Brick Holdings was established in November 1997 to enable the acquisition of Michelmersh Brick & Tile and Dunton Brothers.

Dunton makes traditional bricks at Ley Hill, Buckinghamshire and Michelmersh Brick & Tile is a long established business manufacturing premium quality bricks and tiles operating from a site near Romsey, Hampshire.

In February 1999, the business of Charnwood was acquired in Leicestershire. Charnwood has an excellent reputation for high quality handmade bricks for building and restoration projects. Charnwood Bricks were recently used in the restoration of St Pancras Station.

In February 2000, the Company acquired Blockleys in Telford, the leading producer of specification wire cut bricks and clay pavers. The 100 acre site also includes a quarry and landfill operation and some 80 acres of land on which a phased residential redevelopment scheme has been approved in outline by the local planning authority.

The Group has consistently invested in its plant to maximise the efficiency and quality of its product.

In 2004 shares were offered to the public as the business was successfully floated on the AIM Market.

In 2009 Hathern Terra cotta was established at our Charnwood plant continuing over 100 years of tradition in the manufacture of faience. Already work has been won at the Savoy Hotel and Victoria and Albert Museum.

Our most recent acquisition is Freshfield Lane Brickworks, the leading manufacturer of clamp-fired stock bricks based near Haywards Heath. The business has built a strong reputation for excellence in the production of distinctive, clamp fired, multi-coloured stock facing bricks and pavers targeted at the niche premium segment of the market.

The Group now employs over 300 people at its five plants and has an annual capacity of some 70 million pieces.

The latest acquisition has reinforced our position as Britain's Brick Specialists. Our skills, service, range of products and well invested plant combine to provide distinctive products not only that we can be proud of, but that also give value and pleasure to our customers, those involved in design and construction and to generations to come.


http://www.mbhplc.co.uk/about-us

From a trading update 19/10/2015


Michelmersch Brick sees FY pretax profit beating views

StockMarketWire.com

Michelmersh Brick is likely to exceed the market expectations for FY pretax profit. The results for the full year are scheduled for release on 21 March 2016.

The company has enjoyed a better-than-expected trading performance in H2, achieved through operating efficiencies, continued low energy costs and aided by the additional capacity from Freshfield Lane.

Delivery volumes are below previous expectations as a result of a softening of the market, however average selling prices are ahead of those budgeted.

cynic perhaps volumes have continued to fall, or selling prices are weaker, won't know until they tell us. Results 16/03/2016
2517

i don't think this stock is ever heavily traded so always somewhat too susceptible to market sentiment
however, always assuming the numbers do not disappoint, this is arguably a good time to buy, but more as a lock-away than a trading astock

Being hit hard,compared to IBST . A blue day for IBST today.

Recovered somewhat from this morning when it was down 7p, didn't have the b---- to buy, heaven knows why I wait and watch so long.
2517

2517GEORGE, with the markets as they are, dare you buy anything at the moment ?
Possibly going to be cheaper tomorrow. Not nice. :-))

That's been the trend for weeks now dc, at some point it will reverse and we will all be cursing for not getting in.
2517

it rarely moves a lot ..... it's more of a holding stock than trading

The buyers are present.

Sorry I didn't make it clear I was referring to dc's comment about the markets and not MBH specifically.
2517

A lot of MBH bricks are hand made (not cheap) . I would not think the building programme from the government announced would use MBH bricks. There is a possibility that the market has played catch up with the brick shortage.
The worlds largest brick maker being Weinberger operates a total of 204 plants in 30 countries.

as we were on the MBH thread, it wasn't self-apparent :-)

anyway, i have long reckoned this to be an excellent lock-away given the shortage of housing and that i think that MBH is the only uk brickmaker other than IBST

We forgive. lol

cynic - BRICK MANUFACTURERS

see - told you there weren't any others!

Only 17 what's all the fuss about ? :-))

Take the shame :)

it's still a jolly good long-term hold ..... sulk, sulk! :-(

Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer
and landfill company, today announces a trading update ahead of its final
results for the year ended 31 December 2015, scheduled for release on Monday
21 March 2016.

The Board is pleased to announce that Michelmersh is expecting to report a
profit for the year ended 31 December 2015 that is slightly ahead of market
expectations. The positive financial performance of the Group reflects
stronger selling prices than expected towards the end of the year and
consequent improvements in margin. The Group also benefitted from a strong
production performance placing Michelmersh in a position from which it can
quickly satisfy market demand.

Improvement in profits and strong working capital management has also resulted
in a significant improvement in the net cash position over that which was
previously expected. Net cash at year end was approximately £2.9million.

The Group's forward order book continues to be robust and well balanced at
this point.

Final results

Financial Highlights



· Operating profit of £4.7 million (2014: 2.8 million), an improvement of 68%;

· EPS 4.44 pence (2014: 2.72 pence);

· Turnover up 2% to £29.1 million (2014: £28.5 million);

· Cash generated by operations of £6.6 million (2014: £2.6 million);

· Net debt eradicated with a year-end cash balance of £2.9 million against a net debt of £2.1 million at the start of the year; and

· Dividend doubled to 1.0 pence per share payable for the period.

Operational Highlights



· Completion of the expansion project at Freshfield Lane and implementation of packaging robots at Telford;

· Brick production up 3% to 69.5 million (2014: 67.5 million) helping to rebuild stocks to workable levels;

· Average selling prices increased 9% on prior year prices; and

· Strong showing at the BDA awards including the prestigious Chairman's award;

michelmersh-brick-holdings-plc-doubles-divi-as-it-wipes-out-its-debts-