Brickability revenues up 197%

Brickability revenues soared 197% to £223.5m amid the boom in construction.

The construction materials provider saw revenues jump in the six months to September 2021 from £75.3m a year previously.

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Chairman, John Richards, commented: “As the housebuilding and construction market has continued to improve, all our divisions have benefitted from the increased demand which has resulted in a strong order book.

“Our strategy of bolt on acquisitions has enabled us to significantly expand our product offering, through the acquisition of Taylor Maxwell and Leadcraft, as well as, seeing the Group enter the renewable energy product space with the acquisition of HBS New Energies and UPOWA, a strategically significant sector for the Group moving forward, post-period,”

“We believe Brickability is well-positioned for the future, and that the scale and diversity of the business, will enable the Group to capitalise on opportunities in the market and further strengthen our positioning,”

Shareholders saw a payout of 0.96p per share.

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