REG - Brickability Group - Half Year Trading Update

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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 (mailto: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                                                                                                                                            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

 Mark Court                                                                                                                                                    brickability@buchanancomms.co.uk (mailto: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/
(https://brickabilitygroupplc.com/)

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