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21 Jul 2022 14:33
IN BRIEF: Brickability sees full-year profit surge on acquisitions
Brickability Group PLC - Bridgend, Wales-based construction materials distributor - Pretax profit surges 64% to GBP18.4 million in the year ended March 31 from GBP11.2 million the year before. Revenue more than doubles to GBP520.2 million from GBP181.1 million. Attributes the growth to contributions from acquisitions and good trading momentum. Proposes final dividend of 2.04 pence per share, giving a total dividend of 3.00p. This reflects a 54% increase from the total payout of 1.95p a year prior. Believes it is well positioned to modestly exceed current full year market expectations in financial 2023.
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