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Sparks commentary

Industrials

Sparks

Brickability (LSE: BRCK) – Half-year trading in line with expectations
Published by Andy Murphy

Brickability’s H1 revenue is expected rise by 2% to c £330m, reflecting like-for-like growth of -7% and the effect of M&A activity. Group EBITDA is expected to be up at £27.5m (FY24: £25.6m). Trading in September (the last month of the period) reflected continuing trends, with Brick and Building Material revenues and volumes down, while Distribution returned to growth as it benefited from a doubling of sales of solar photovoltaics in Upowa. However, the outlook is more encouraging as brick orders and product enquiries have begun to increase in recent weeks.

Next Sparks Commentary in this sector >

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