The Brickability Board is recommending a final dividend of 2.15 pence per share, bringing the full-year dividend to 3.16 pence per share.
Subject to approval by shareholders, the final dividend will be paid on 21 September 2023, with a record date of 25 August 2023 and an ex-dividend date of 24 August 2023.
Other financial highlights include:
•Revenue increased by 30.9% to £681.1m (2022: £520.2m)
•Group like-for-like revenue growth of 4.0% versus 2022 (15.4% excluding timber) and 31.9% versus 2021
•Gross profit increased by 30.0% to £112.9m (2022: £86.8m)
•Gross profit margin of 16.6% (2022: 16.7%), with the slight reduction anticipated due to the full-year inclusion of Taylor Maxwell
•Adjusted EBITDA increased by 30.4% to £51.5m (2022: £39.5m)
•Adjusted Profit before tax increased by 28.5% to £44.6m (2022: £34.7m)
•Statutory Profit before tax increased by 87.5% to £34.5m (2022: £18.4m)
•Statutory EPS increased by 110.5% to 9.26p (2022: 4.40p)
•Adjusted EPS increased by 18.6% to 11.93p (2022: 10.06p)
•Net debt as at 31 March £8.0m (2022: net cash £0.4m)
• (2022: 3.00p)
