Article: Fewer bricks in the wall as Baggeridge faces up to slump; MATERIALS.(Business)

Byline: By Duncan Tift Business Staff

The collapse of the UK, US and German housebuilding sectors has prompted leading brick supplier Wienerberger to warn that its core earnings will drop by 15 per cent this year.

The downturn has placed a big question mark over the future of a number of plants owned by the company, which is the parent of Sedgley-based Baggeridge Brick.

In a statement yesterday, the company said it would reduce planned growth investments this ...

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