Eco Buildings Group PLC Sale of First Building
04 Luglio 2024 - 8:00AM
RNS Non-Regulatory
RNS Number : 0616V
Eco Buildings Group PLC
04 July 2024
Non- Regulatory Reach
Announcement
Sale of first
building
4 July 2024
Eco Buildings Group
plc
(the "Company" or the
"Group")
Milestone
Achieved with First Building Produced and Sold
Eco
Buildings Group Plc (AIM: ECOB), the
UK-listed modular housing company, has completed and sold its first
full building. This benchmark for the Company comes on the
heels of its recent announcement of an upgrade to fully automated
production at its panel manufacturing facility in Durres, Albania
that allows the Company to produce panels at a higher rate and a
lower cost than previously forecast. The manufacture and sale
of its first modular building showcases the Group's new facility,
with fully automated production enhancing the Company's competitive
edge in this high-growth industry.
Sanjay Bowry, CEO, Eco Buildings said, "The construction and sale of our first complete
building to a customer in Albania is an important milestone for Eco
Buildings. Our dedicated management
and engineering teams in Durres have delivered innovation,
increased productivity and reduced cycle times. This important step
underscores our ability to deliver on our pipeline of contracted
projects.
Eco Buildings is now strategically
positioned to leverage its manufacturing capabilities in the
marketplace. The company continues to focus on expanding its
presence in the modular construction sector, driving forward with a
commitment to innovation and efficiency."
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For more information on Eco
Buildings please visit www.eco-buildingsplc.com
or contact:
Eco
Buildings Group Plc
Sanjay Bowry, Chief Executive
Officer
Fiona Hadfield, Finance
Director
|
Tel: +44 (0)20 7380 0999
|
Spark Advisory Partners Limited (Nominated
Adviser)
Matt Davis / James
Keeshan
|
Tel: +44 (0)20 3368 3550
|
Tavira Financial Limited (Broker)
Oliver Stansfield/Jonathan
Evans
|
Tel: +44 (0)20 3192 1739
|
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