Michelmersh Brick Holdings Plc (LON:MBH) expects full-year results to be in line with market expectations after a solid start to the year.
The specialist brick, land development and landfill company released a short trading update ahead of its annual general meeting, to be held at 10.30am on Tuesday, May 10.
The consensus forecast for 2016 is for Michelmersh to make a pre-tax profit of £5mln on revenue of £31.9mln. In 2015, the company made a pre-tax profit of £4.56mln on revenue of £29.1mln.
Analysts are expecting the company to hike the full-year pay-out by 20% to 1.2p.