BILLINGTON HOLDINGS PLC (BILN) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the BILLINGTON HOLDINGS PLC interim results investor presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time by the Q and A tab situated in the right corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. Have the company can view the questions for today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to CEO, Mark Smith. Good afternoon to you, sir. Good afternoon. I'm Mark Smith, chief executive officer of Billington Holdings PLC, and my colleague, Trevor Taylor, chief financial officer, are pleased to present to you our 2025 interim results. Our executive summary provides some of the highlights of the first half of twenty twenty five. Reduced revenue in the period as a result of a mix of highly complex labor intensive and relatively low steel content projects, PBT of 1.7 mil reflected a continuing difficult economic environment and subdued market conditions. Productive output within the structural steelwork entities was 5.4% higher in h one twenty five than in the same period in 2024. TubeCon has taken longer to gain momentum than previously envisaged, primarily as a result of delayed decision making related to, infrastructure projects. Inquiries and prospects are very encouraging, though. And with the construction of its own dedicated facility being completed in the period, we are optimistic for the future. BILLINGTON has significant secured productivity hours well into 2026, enabling the company to be able to be selective with its fut...