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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