Michelmersh Brick Holdings plc Reports Sales Results for the Full Year and Second Half Ended December 31, 2012; Provides Earnings Guidance for the Full Year Ended December 31, 2012
Trading activity in the second half of 2012 was very patchy; in October record levels of turnover and profitability were achieved, whilst November and December were less busy.
In September 2012, the company reported that it expected only to break even, however as a consequence of a better than expected performance in the final quarter, the Board now expects to announce a modest profit for the year.