Half Year Trading Update

BRCK

21/10/2025 07:00

RNS Number : 1080E

Brickability Group PLC

21 October 2025

 

21 October 2025

 

Brickability Group plc

("Brickability", the "Company" or the "Group")

 

Half Year Trading Update

Trading in line with full year expectations

Brickability Group plc (AIM: BRCK), a leading distributor and provider of specialist products and services to the UK construction industry, issues the following trading update for the six-month period ended 30 September 2025 ('H1 FY26').

The Group's financial performance in H1 FY26 was in line with the Board's expectations, with revenues of £347.0 million (H1 FY25: £330.9m), an increase of approximately 4.9 per cent. on the prior period, despite the slow pace of recovery in housing starts and RMI as well as the continuing delays in Building Safety Regulator ('BSR') approvals, as noted in the Company's recent AGM statement.

Our specialist teams across Bricks & Building Materials, Importing, and Distribution divisions have each delivered year on year growth in both revenue and EBITDA and our Contracting division continues to benefit from a multi-year order book and pipeline of more than £150 million in aggregate, underpinned by regulatory requirements in the fire remediation sector. The continuing delays being experienced by the BSR have affected the phasing of some of our fire remediation projects in the Contracting division such that we now expect a greater proportion of the division's profit to be delivered in the second half of the year when compared with the prior year.

The Board anticipates reporting H1 FY26 adjusted EBITDA* of approximately £28.0 million (H1 FY25: £27.9m), stated before share-based payment expense of £0.9 million (H1 FY25: £0.5m). Expectations for the full year remain unchanged.

Net debt as at 30 September 2025 is expected to be approximately £67.0 million on a pre-IFRS basis (H1 FY25: £56.3m), after making deferred and contingent consideration acquisition payments during the first half of £7.2 million.

Notice of Interim Results

The Group expects to announce its results for the six months ended 30 September 2025 on 25 November 2025. A virtual presentation for analysts will be hosted at 09.30am GMT on the day of results. Analysts who wish to join the presentation are invited to contact Burson Buchanan at brickability@buchanancomms.co.uk.

(*)Adjusted EBITDA is defined as earnings before interest, tax, depreciation, amortisation, share-based payment expense, and other items.

- Ends -

Enquiries:
Brickability Group PLC
John Richards, Chairman
Frank Hanna, Chief Executive Officer
Mike Gant, Chief Financial Officer
viaBurson Buchanan
Cavendish (Nominated adviser and broker)
Ben Jeynes, George Lawson, Elysia Bough (Corporate Finance)
Michael Johnson, Sunila De Silva - Sales / ECM
+44 (0) 207 220 0500
Burson Buchanan (Financial PR)
Mark Court
+44 (0) 207 466 5000
brickability@buchanancomms.co.uk
Stephanie Whitmore
Abby Gilchrist


 

About Brickability

Brickability 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, Brickability 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.

 

For more information please see: https://brickabilitygroupplc.com/

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