Readymix expects 'significant improvement'

Readymix will enjoy “a significant improvement in financial performance will be delivered in 2006”, it was indicated at the company's AGM.

Results for the first half of 2006 are expected to be ahead of the first half of 2005.

At the operating level, profits are likely to be circa 20% above that achieved for the same period in 2005, and this has been further boosted by asset disposal profits of circa €21.5m.

This guidance is being issued by Readymix plc in advance of its interim results for the six months ending June 30, 2006, which will be announced on August 11, 2006.