Date Posted: 2008-12-03 18:17 New Issue: Metic Group plc The Company has been incorporated with the aim of becoming the holding company of a group of companies (the "Group") which design, engineer and construct architectural glass. Its products fall into the broad categories of façades, roof systems, internal glazing and specialist structures, with façades and roof systems accounting for the majority of revenue for the year ended 31 December 2007. The production or processing of glass is not carried out by the Group.
The Group is based in the UK and is involved in projects in both the public sector (hospitals, universities, colleges and schools) and the private sector (offices, shopping centres and arenas). Customers in the private sector include Hammerson, Land Securities and British Land. It is the directors' view that the Group has little or no dependency on the residential sector. A growing proportion of the Group's revenues are derived from abroad, particularly from petro economies such as the Middle East and Trinidad.
Listing exchange: AIM
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