REG - BRCK Group PLC - Pre-Close Trading Update

BRCKAnnouncement

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RNS Number : 7199B  BRCK Group PLC  23 April 2026

 

23 April 2026

 

BRCK Group plc

 

(the "Group" or the "Company")

 

Pre-Close Trading Update

 

Revenues and profits ahead of prior period and in line with market
expectations

 

BRCK Group plc (AIM: BRCK), a leading distributor and provider of specialist
products and services to the UK construction industry, provides a pre-close
trading update for the financial year ended 31 March 2026 ("FY26").

 

BRCK Group expects to report another year of revenue growth at approximately
£645.0 million, an increase of c.1.2% over the prior year (FY25: £637.1
million). Furthermore, FY26 Group adjusted EBITDA before share based
expense(1) is expected to be c.4.4% ahead of the prior year at approximately
£52.3 million (FY25: £50.1 million).

 

The Group remains in a strong financial position and in December 2025
successfully renewed its £110 million banking facilities, securing a £60
million Revolving Credit Facility and a £50 million Term Loan for an initial
three-year term, reflecting the ongoing support for the business. Leverage(2)
as at 31 March 2026 is expected to be approximately 1.15x, with net debt of
approximately £60.5 million.

 

Many of the Group's businesses were impacted by the continued challenges of
the housing market during the second half of the financial year and, as widely
reported, adverse wet weather also negatively affected the beginning of 2026,
the final quarter of the Group's financial year. In addition, some of the
secured projects within the Contracting Division were impacted by continued
delays in the receipt of Building Safety Regulation ("BSR") approvals to
commence works.

 

Despite these external factors, and as demonstrated by the FY26 performance,
the Group's diversification strategy continues to provide strong resilience
and the Board looks to the future with confidence. The structural demand
across the Group's end markets, both cyclical and non-cyclical, provides
significant value drivers in the medium-term which the Group's diversified
product and service offering is well positioned to capture. The BRCK Group
platform has continued to be strengthened to support improved governance and
strategic growth, and the financial position of the Group following the debt
facility renewals also gives increased confidence in progressing the M&A
pipeline when appropriate.

 

The Group will notify the date of publication of its results for the twelve
months ended 31 March 2026 in due course.

 

Frank Hanna, Chief Executive Officer, said:

"I am pleased that BRCK Group has again delivered a robust performance, with
revenue growth and adjusted EBITDA expected to be ahead of the prior year,
despite the continued sector challenges and geopolitical uncertainty. Our
strategic focus on strengthening the BRCK Group platform is further improving
our operational capabilities, resilience and governance. While external
factors have presented headwinds, our strong financial position and our
diversified offering mean we are exceptionally well-placed to capture
significant value from the enduring structural demand across our end markets."

(1) Adjusted EBITDA before share based expense is defined as earnings before
interest, tax, depreciation and amortisation, share option expense,
acquisition costs and exceptional items.

(2) Leverage is defined as net debt (pre-IFRS and excluding lease liabilities
and deferred/contingent acquisition consideration) divided by adjusted EBITDA.

 

-ENDS-

 

 Enquiries:

 BRCK Group PLC

 Frank Hanna, Chief Executive Officer                          Via Burson Buchanan

 Mike Gant, Chief Financial Officer

 Cavendish- Nomad and Sole Broker

 Ben Jeynes, George Lawson, Elysia Bough - Corporate Finance   +44 (0) 20 7220 0500

 Michael Johnson, Sunila De Silva - Sales / ECM

 Burson Buchanan                                               +44 (0) 20 7466 5000

 Henry Harrison-Topham                                         BRCK@bursonbuchanan.com

 Stephanie Whitmore

 Abby Gilchrist

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain. 

 

About BRCK Group

BRCK Group PLC is a leading distributor and provider of specialist products
and services to the UK construction industry. The business comprises four
divisions: Bricks and Building Materials, Importing, Distribution and
Contracting. With an agile, de-centralised, capital-light business model,
supported by a strong balance sheet, BRCK leverages the skills of its people
company-wide to effectively service the complex and evolving needs of the
construction industry.

Founded in 1985, the Group has grown organically through product
diversification and geographic expansion, as well as through the acquisition
of specialist businesses that support its long-term strategy for growth.
Today, the Group encompasses a diverse portfolio of market-leading brands and
a dedicated team of over 800 skilled professionals, led by a management team
with deep-rooted knowledge and experience in the UK and European construction
industries.

The Group is committed to building better communities throughout the supply
chain and supporting the delivery of sustainable developments that enhance the
built environment for future generations, while delivering continuous value
for shareholders.

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