It is always difficult to assess the true progress of a business when it is highly acquisitive and that is true of bricks and construction products supplier Brickability Group (LON: BRCK). The company is a consolidator. Four acquisitions since the end of the previous financial year have boosted the company’s performance so far this year, although management does say this is only part of the growth achieved.
There are 2.4 billion bricks sold in a year and sales are growing at around 2% a year. Brickability distributes the same volume of bricks as its two main competitors combined. That scale...
