Brickability announce an increased Interim dividend of 1.07 pence per share

DividendMax Ltd.

Brickability announce an increased Interim dividend of 1.07 pence per share

The Brickability Group plc Board is pleased to recommend an interim dividend of 1.07p per share (H1 FY23: 1.01p), payable on 22 February 2024, reflecting the performance of the business in the half year and the Board's confidence in the longer-term outlook for the Group. The ex-dividend date is 25 January 2024 with an associated record date of 26 January 2024.

Other financial highlights include:

Revenue of £324.8m, a decrease of 7.9% compared to H1 FY23 (H1 FY23: £352.7m) and a 14.4% reduction on a like-for-like basis

Gross profit of £55.0m (H1 FY23: £54.9m)

Increased gross profit margin of 16.9% (H1 FY23: 15.6%)

Adjusted EBITDA increased slightly to £25.6m (H1 FY23: £25.5m(3))

Adjusted Profit before tax decreased by 2.7% to £21.8m (H1 FY23: £22.4m

Statutory Profit before tax increased by 8.8% to £16.0m (H1 FY23: £14.7m

Statutory EPS increased by 1.1% to 3.78p (H1 FY23: 3.74p)

Adjusted EPS decreased by 11.7% to 5.30p (H1 FY23: 6.00p)

Net debt as at 30 September 2023 of £30.9m (H1 FY23: £27.4m)

Companies mentioned