AGM Statement
Summary by AI BETAClose X
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 -
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Enquiries:
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Brickability Group PLC John Richards, Chairman Frank Hanna, Chief Executive Officer Mike Gant, Chief Financial Officer
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via Burson Buchanan |
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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 |
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Burson Buchanan (Financial PR) Mark Court |
+44 (0) 207 466 5000 |
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Stephanie Whitmore Abby Gilchrist |
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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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