The specialist brick manufacturer and landfill company.
22-Jan-2018 – 88.5p – £72.1m – PER 10.8
Trading Update For The 12 Months To End December 2017 – In-line and “demand from the house building and RMI markets continues to be robust and Group’s well-balanced forward order book for 2018 reflects this trend”.
Interesting enough although the Net Debt (circa 30% of Mkt Cap) is a concern. I will remain Neutral for now but will dig a little deeper on this one.
10-May-2018 – 93.5p – £80.6m – PER 11.4
AGM Statement – In-line with significant growth versus 2017.
Still Neutral here but will be keen on seeing actual results (with an eye on ROCE and Operating Margin) – Revenue, Dividend and EPS forecasts look pretty impressive.