4 August 2017
Billington Holdings Plc
('Billington' or 'the Group')
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 its structural steel division, Billington Structures, has been awarded two contracts with a combined value of £14 million.
The contracts have been awarded by two prominent main contractors, the first for a large distribution centre in the South West, and the other for a leading and distinguished London university. These contracts will lead the Group in to a very busy second half of the year with a proportion of the work expected to carry over into 2018.
Mark Smith, Chief Executive Officer, commented:
"The award of these two prestigious contracts is great news for Billington and is a testament to our team and our expertise. We look forward to working closely with both contractors to successfully deliver these projects.
"We believe that the Group can look forward to a busy second half of the year and that these contracts highlight that there are many positive tender opportunities in the market.
"We look forward to keeping shareholders updated on the Group's progress in September upon the release of the interim results."
ENDS
For further information please contact:
Billington Holdings Plc Tel: 01226 340666
Mark Smith, Chief Executive
Trevor Taylor, Finance Director
Blytheweigh Tel: 020 7138 3204
Tim Blythe
Megan Ray
Rachael Brooks
W H Ireland Limited Tel: 0161 819 8875
Katy Mitchell
Ed Allsopp