The group’s brief AGM trading update for its Q1 to September highlights it has generated a resilient performance against challenging UK construction market conditions. The operational improvements that will deliver £2m of cost saving are on track, with EBIT margins so far lifted by 1%. No change to forecasts. The shares remain at a very low level, offering a highly attractive secure yield of 8.9% and an unduly severe P/E discount to its peer group, trading on a P/E of 4.9x, less t ....