Michelmersh Brick Holdings (GB:MBH) has released an update.
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Michelmersh Brick Holdings PLC reported a decline in revenue and profits in the first half of 2024 but outperformed the wider market thanks to a diverse customer base and high-quality products. The company remains optimistic with a strong balance sheet and positive order book momentum, expecting the second half of the year to mirror the first half’s performance. Despite economic uncertainty affecting the sector, the company is continuing its focus on sustainability and maintaining shareholder returns, with a 6.7% increase in the interim dividend.
For further insights into GB:MBH stock, check out TipRanks’ Stock Analysis page.
