2022 / 2023 Edition
Business & finance
News article
Creation of Employee Ownership Trust demonstrates company’s belief in rewarding loyal staff
Revenue and EBITDA comfortably above pre-pandemic levels of 2019; Underlying trends positive
Result ahead of board expectations; Strong platform for further financial and strategic progress
Strong trading throughout 2021; Upgraded guidance highlights benefits of new Desford brick factory
Record volumes, revenue and earnings; Building blocks in place for next chapter of growth
Chancellor urged to act on infrastructure delivery, red diesel and energy costs in Spring statement
Diversified building materials business issues full-year results for the year ended 31 December 2021
Company achieves 11.3% growth in net sales and over-proportional recurring EBIT growth of +25.7% in 2021
Company achieves improvement in all key figures for full-year 2021 despite various challenges
New warehouse and blending plant facility to meet increasing demand for company’s agricultural products
EBITDA up 18% and net sales up 14%; plus significant progress on climate action agenda
Company opens new facility as part of its ongoing business expansion
Company meets potential and existing North American dealers and looks forward to a busy year
UK construction equipment sales increased by 48% in 2021 compared with previous year
Company announces return of surplus capital to shareholders following extensive portfolio realignment