Brickability Group PLC have announced an interim dividend of 0.96 pence per share

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Brickability Group PLC have announced an interim dividend of 0.96 pence per share

The Brickability Group PLC Board is recommending an interim dividend of 0.96p per share (H1 2020: 0.8678p) to shareholders on the register at 28 January 2022. The ex-date and payment date for the dividend will be 27 January 2022 and 24 February 2022 respectively.

Other financial highlights include:

•Revenue increased by 197% to £223.5m (H1 2020: £75.3m)

•Group like-for-like revenue growth of 53.6% versus H1 2020 and 30.4% versus H1 2019

•Gross profit increased by 146.8% to £39.0m (H1 2020: £15.8m)

•Gross profit margin of 17.4% (H1 2020: 21.0%)

•Profit before tax increased by 120.4% to £11.9m (H1 2020: £5.4m)

•Adjusted EBITDA increased by 120.0% to £17.6m (H1 2020: £8.0m)

•Cash balance at 30 September of £18.4m (H1 2020: £13.8m)

•Net cash as at 30 September of £2.8m (H1 2020: net debt £2.7m)

•Borrowing facility increased to £60 million plus £25m accordion following re-financing

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