Billington profit upgrade after strong first-half

Stock market-listed steelwork contractor Billington has raised its full-year profit forecast on the back of a strong first six months of trading.
The firm has benefited from rising orders and ploughed available cash into stockpiling steel to mitigate sharp hikes in steel prices.
Chief executive Mark Smith said Billington had a strong start to the year and invested heavily in new machinery and forward ordering steel to protect the firm and its customers.Revenue over the first six months rose 22%