REG - Billington Holdings - AGM Statement

Billington HoldingsAnnouncement

31/05/2022 07:01

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RNS Number : 2846N  Billington Holdings PLC  31 May 2022

31 May 2022

Billington Holdings Plc

("Billington", the "Group" or the "Company")

AGM Statement

Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel
and construction safety solutions specialists, announces that at the Company's
Annual General Meeting ("AGM") being held at 2 p.m. today, Ian Lawson, the
Company's Non-executive Chairman, will make the following statement:

 

"Following 2021, which was a year of partial recovery following the worst of
the Covid-19 pandemic, 2022 has started positively for Billington.  A number
of large industrial contracts have been secured and the Company has a
significant pipeline of opportunities.

 

"Despite the macroeconomic headwinds, particularly with regard to material
availability, price volatility and inflationary pressures, the Company is
trading in line with market expectations.  We have a robust business and are
well placed to deliver improved results in 2022.  I remain confident in the
Group's prospects for the medium and long term."

 

For further information please contact:

 

 Billington Holdings Plc                 Tel: 01226 340 666
 Mark Smith, Chief Executive
 Trevor Taylor, Chief Financial Officer

 WH Ireland Limited                      Tel: 020 7220 1666
 Chris Hardie

 Fraser Marshall

 IFC Advisory Limited                    Tel: 020 3934 6630
 Tim Metcalfe

 Graham Herring
 Zach Cohen

 

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