Headlam has announced that the sod-cutting ceremony for its upcoming regional distribution centre in Ipswich is taking place later today, marking the start of the construction. In our view, we consider this to be a reconfirmation for investors following the pre-close update earlier this week which had indicated that construction was about to commence this week. We look forward to further updates on progress in coming months, as well as estimated cost savings from utilising a larger site. We leav ....
26 Jul 2019
Construction commences at Ipswich
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Construction commences at Ipswich
Headlam Group plc (HEAD:LON) | 181 0.9 0.3% | Mkt Cap: 146.4m
- Published:
26 Jul 2019 -
Author:
Kunal Walia -
Pages:
2
Headlam has announced that the sod-cutting ceremony for its upcoming regional distribution centre in Ipswich is taking place later today, marking the start of the construction. In our view, we consider this to be a reconfirmation for investors following the pre-close update earlier this week which had indicated that construction was about to commence this week. We look forward to further updates on progress in coming months, as well as estimated cost savings from utilising a larger site. We leav ....