H+H International A/S temporarily ceases production at its facility in Borough Green, UK

Company announcement No. 560, 2024

Following periodical mandatory inspection of the autoclaves at the H+H UK Limited’s production facility in Borough Green, UK, an issue has been identified failing to meet the required safety standards under the UK Pressure Systems Safety Regulations 2000. Consequently, H+H UK Limited's certification under this regulation has been revoked with immediate effect resulting in a cease of production at the Borough Green facility until further notice.

The production facility in Borough Green accounts for approx. 15% of total revenue in the H+H group.

H+H International A/S is actively assessing the situation that has arisen to get an overview of impact on H+H's operations, customers, employees, partners and financially, including impact on the 2024 financial outlook, if any. We will provide further updates as more information on facts and impacts is available.

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H+H’s core activity is the manufacture and sale of wall-building materials with a revenue in 2023 of DKK 2.7 billion. The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. H+H has factories in Northern and Central Europe and has a leading market position. H+H is listed on the Nasdaq Copenhagen stock exchange.