Billington Holdings PLC £90 million of Contracts Awarded
22 Marzo 2024 - 1:00AM
RNS Regulatory News
RNS Number : 8680H
Billington Holdings PLC
22 March 2024
22
March 2024
Billington Holdings
plc
("Billington", the "Group" or the "Company")
£90
million of Contracts Awarded
Billington Holdings plc (AIM: BILN),
one of the UK's leading structural steel and construction safety
solutions specialists, is pleased to announce that the Group has
recently been awarded six new contracts with a combined value of
circa £90 million.
Billington has secured the largest
single contract in its trading history to achieve its largest order
book to date, materially ahead of the previous record in Q1 2023.
The contract wins span a variety of sectors including power
generation, manufacturing and retail logistics, and will be
delivered nationally over the next 24 months.
Mark Smith, Chief Executive Officer
of Billington, commented:
"The award of these significant
contracts is great news for Billington. They are a testament to our
Group offering in a challenging trading environment and
demonstrates that Billington is a steelwork contractor of choice.
The Group currently has a record orderbook and these contracts
provide further confidence that Billington will continue to perform
well in 2024 and into 2025, further underpinning current market
expectations. I look forward to providing further updates at the
time of the release of the Group's results for the year ended 31
December 2023 in April 2024."
For
further information please contact:
Billington Holdings Plc
Mark Smith, Chief Executive
Officer
Trevor Taylor, Chief Financial
Officer
|
Tel: 01226 340 666
|
Cavendish Capital Markets Ltd - Nomad and
Broker
Ed Frisby / Charlie Beeson -
Corporate Finance
Andrew Burdis - ECM
|
Tel: 020 7220 0500
|
IFC
Advisory Limited
Tim Metcalfe
Graham Herring
Zach Cohen
|
Tel: 020 3934 6630
billington@investor-focus.co.uk
|
About Billington Holdings plc
Billington Holdings plc (AIM: BILN),
one of the UK's leading structural steel and construction safety
solutions specialists, is a UK based Group of companies focused on
structural steel and engineering activities throughout the UK and
European markets. Group companies pride themselves on the provision
of high technical and professional standards of service to niche
markets with emphasis on building strong, trusted and long-standing
partnerships with all of our clients. https://billington-holdings.plc.uk/
The information contained within
this announcement is deemed to constitute inside information as
stipulated under the retained EU law version of the Market Abuse
Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law
by virtue of the European Union (Withdrawal) Act 2018. The
information is disclosed in accordance with the Company's
obligations under Article 17 of the UK MAR. Upon the publication of
this announcement, this inside information is now considered to be
in the public domain.
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