In a trading update to shareholders, the brick producer said that operating efficiencies and continued low energy costs were contributing to a better than expected trading performance in the second half of the year.
Delivery volumes are below previous expectations as a result of a softening of the market, it said, but average selling prices are ahead of those budgeted.
“As a consequence, the group is likely to exceed the market expectations of profit before taxation for the year,” the board said.
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