Brickability Group PLC (GB:BRCK) has released an update.
Brickability Group PLC, a UK-based distributor and provider of construction materials, announced a decrease in revenue by 12.8% to £594.1m and statutory profit before tax by 38.0% to £21.4m for the fiscal year ended March 2024. Despite the challenging environment, the company reported strategic acquisitions that enhanced its cladding capabilities and is positioned for recovery with a diverse portfolio and a focus on disciplined capital allocation. The Group remains confident in its strategy and its ability to create long-term shareholder value.
For further insights into GB:BRCK stock, check out TipRanks’ Stock Analysis page.
