Michelmersh recovers in second half after shutting factories sent output tumbling

Fruit and Wool Exchange, Spitalfields

Brickmaker’s revenue slightly down on 2019 level as firm pays back furlough money ahead of dividend payment

Brickmaker Michelmersh said it managed to claw back a third of lost output by the end of last year after being forced to shut operations in the spring because of the covid-19 outbreak.

The firm said shutting its factories for four weeks in April meant output went down by 9.5 million bricks but by the end of the year the number had recovered to be 6.5 million units behind levels for the whole of 2019.

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