Michelmersh Brick (MBH) Trading Update summary

Trading performance and outlook

• Trading performance remained resilient into the final quarter, with order intake exceeding manufacturing capacity.

• Focus on building a well-balanced forward order book with appropriate pricing to support demand.

• Activity levels in the construction sector remain uncertain, but close collaboration with customers on despatch timing continues.

• Quality of the order book and diverse customer base are supporting group trading.

• Revenue, profit, and cash are expected to be in line with market expectations for the year ending 31 December 2024.

Company profile and strategy

• Operates seven market-leading brands, producing premium bricks, pavers, and bespoke Terra Cotta products.

• Produces over 120 million clay bricks and pavers annually, with a focus on premium manufacturing.

• Pursues sustainable, long-term growth and environmental responsibility.

• Includes a landfill operator and seeks development opportunities on ancillary land assets.

• Emphasizes employee opportunity, training, and stakeholder needs.

Upcoming events

• Full year 2024 results will be reported on 25 March 2025.