Builders and building materials
Brickability ahead of forecasts after strong fourth quarter
Revenues for the year will be at least £520mln and underlying profits [adjusted EBITDA] not less than £38mln
Company
LON:BRCK
Brickability Group PLC is a leading construction materials distributor, serving customers across the UK and Europe for over 36 years through its national and local networks. The company is the market leading supplier of facing bricks, blocks, rainscreen cladding systems, architectural masonry, paving, roof tiles and slates to the construction industry The group supplies over 550m bricks annually and has over 55 locations across the country with over 600 employees.
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Builders and building materials
Revenues for the year will be at least £520mln and underlying profits [adjusted EBITDA] not less than £38mln
Builders and building materials
The acquisition is expected to be immediately earnings accretive post-completion
Builders and building materials
Joint venture is expected to create 22mln roof tiles annually, generating £9mln a year in revenue
Builders and building materials
“Sustained positive momentum and optimism within the UK housebuilding sector is reflected in the group's forward order book levels"
Builders and building materials
Shore described the HBS acquisition as “extremely savvy,” given that carbon dioxide emissions must be cut by 31% in new builds from July 2022
Builders and building materials
The acquisition pipeline remains strong after completing 13 transactions in the last three years
Builders and building materials
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Builders and building materials
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Builders and building materials
Boris Johnson announced earlier this week “that as early as next year, all new properties have to have an [electric vehicle (EV)] car charger,” noted the company's chairman
Builders and building materials
Chairman John Richards said: "The renewable energy product sector is an area we have been looking to move into for some time as we focus not only on helping our customers address carbon reduction but also on our own commitments and responsi