25th Nov 2025 13:23
25 November 2025
Billington Holdings Plc
("Billington" or the "Company" or the "Group")
Closure of the Yate Facility
Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, announces, further to the announcement on 14 October 2025, that the Company has now completed the evaluation of a number of options regarding the restructuring of its structural steel operations and has concluded that the Group's Yate facility in Bristol will be closed. The Group's structural steel operations will therefore be consolidated at Billington's Wombwell and Shafton sites in Barnsley, local to all other Group operations.
Following the previously announced consultation with the affected employees at Yate, which has now concluded, a proportion of them will be transferred to the Group's Barnsley facilities in early 2026. In addition, new staff have joined the Group at the two Barnsley facilities and a further expansion of night shifts will mitigate the loss of capacity at Yate. The Yate production facility will largely cease operation by the end of 2025 with the technical office, located at Yate, remaining unaffected.
The consolidation at Barnsley will provide the Group with the flexibility to more closely align operational capacity with market demand, together with reducing overheads and delivering significant cost and operational efficiencies. Recent capital investments at the two Barnsley facilities have allowed for an increase in productive output and the transfer of machinery from Yate will reduce the requirement for future capital expenditure. The Company will now also explore options to maximise the value of the Yate site.
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information please contact:
Billington Holdings Plc Mark Smith, Chief Executive Officer Trevor Taylor, Chief Operating OfficerDave Jones, Chief Financial Officer | Tel: 01226 340 666 |
Cavendish Capital Markets Ltd - Nomad and Broker Ed Frisby / Trisyia Jamaludin - Corporate Finance Andrew Burdis - ECM | Tel: 020 7220 0500 |
IFC Advisory Limited Tim Metcalfe Graham Herring Zach Cohen | Tel: 020 3934 6630 |
About Billington Holdings plc
Billington Holdings plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, is a UK based group of companies focused on structural steel and engineering activities throughout the UK and European markets. Group companies pride themselves on the provision of high technical and professional standards of service to niche markets with emphasis on building strong, trusted and long-standing partnerships with all of our clients. https://billington-holdings.plc.uk/
Related Shares:
Billington