Billington Holdings PLC on Monday reported a significantly increased first-half pretax profit and said it had a record order book over the period.
The London-listed structural steel and construction safety company BILN, +8.49% posted a pretax profit of 2.7 million pounds ($3.4 million) for the first six months of 2019, up from GBP1.9 million in the same period last year.
Revenue rose to GBP47.2 million from GBP39.4 million for the same period last year, a record result, the company said.
“The outlook for Billington remains positive, particularly given the group’s ability to target a diverse range of projects insulating us…I look forward to the remainder of the year and beyond with cautious optimism,” Chief Executive Mark Smith said.
The company didn’t declare an interim dividend for the period.
Add Comment