For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250916:nRSP3965Za&default-theme=true
RNS Number : 3965Z Brickability Group PLC 16 September 2025
16 September 2025
Brickability Group plc
("Brickability", the "Company" or the "Group")
AGM Statement
Brickability Group PLC (AIM: BRCK), a leading distributor and provider of
specialist products and services to the UK construction industry, announces
that, at the Company's Annual General Meeting ("AGM") at 12:00 pm today, John
Richards, Chairman, will make the following statement.
"We are pleased to report that trading in the first five months of the current
financial year ending 31 March 2026 has been in line with the Board's
expectations. Notwithstanding the challenging market conditions, predominantly
driven by a slow pace of recovery in housing starts and RMI together with the
delays in approvals by the Building Safety Regulator (BSR), the Board's
expectations for adjusted EBITDA((*)) for the full year remain unchanged.
"We remain confident in the Group's ability to deliver long-term shareholder
value, with the business well positioned to benefit quickly as market demand
incrementally improves towards more normalised levels.
"The Board would like to take this opportunity to thank all Brickability
colleagues for their continued hard work. As ever, their drive and
entrepreneurial spirit provides the Group with its competitiveness,
adaptability and customer focus."
The Group will provide a first half trading update towards the end of October
2025.
((*))Adjusted EBITDA is defined as earnings before interest, tax,
depreciation, amortisation and other items.
- Ends -
Enquiries:
Brickability Group via Burson Buchanan
PLC
John Richards, Chairman
Frank Hanna, Chief Executive
Officer
Mike Gant, Chief Financial Officer
Cavendish (Nominated adviser and broker) +44 (0) 207 220 0500
Ben Jeynes, George Lawson, Elysia Bough (Corporate Finance)
Michael Johnson, Sunila De Silva - Sales / ECM
Burson Buchanan (Financial PR) +44 (0) 207 466 5000
brickability@buchanancomms.co.uk (mailto:brickability@buchanancomms.co.uk)
Mark Court
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/
(https://brickabilitygroupplc.com/)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END AGMUVSVRVAUKAAR