STOCK WATCH

INVESTORS who got into Michelmersh Brick at the start of this year are sitting pretty with shares advancing by more than a fifth in the last three months.

Final results revealed the company to be in rude health with revenues ahead 22pc at £46.3m, giving underlying operating profits of £8m, up 45pc. There was a big bump for shareholders with the total dividend increasing by almost a half to 3.2p.

The shares closed 2.8pc, or 2.5p, up at 90.5p.