Michelmersh Brick Holdings (LON:MBH)
Did anyone notice the results were out today for this company?
The results look good, beating EBITDA, dividend and cash forecasts by broker Canaccord.
Start of the year looks positive too and bod expect to maintain a 25% profit margin despite rising costs.
The company is fairly well diversified and would expect to maintain sales if the housing market cooled off, though they don’t expect it too.
Covered today by Vox: https://www.voxmarkets.co.uk/l...
Well worth watching the interview.
Paul Scott covered this company back last June and seemed to like it then.
