TIDMBILN

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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(END) Dow Jones Newswires

May 31, 2022 02:00 ET (06:00 GMT)

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