Dividend
- Final dividend per share declared of 3.00p resulting in full year dividend of 4.60p (in line with 2024), underlining the Board's confidence in the strategic outlook of the business and its focus on the importance of returns for shareholders.
Other Financial Highlights
- Group revenue down 1.7%, reflecting a robust 2025 UK brick sales performance mitigating challenging markets in Europe and the impact from the company's continued strategic integration of FabSpeed.
- Adjusted operating profit of £8.4 million, down 16.8%, and adjusted profit before tax of £8.1 million, down 18.2%, due to timing of capital improvement activities, interruption caused to production through the relocation and closure of Watlington site, and market challenges in the UK and in Europe.
- Challenging market conditions in Belgium with housing activity approximately 40% below 2022, leading to a significant drop in revenue, despatches and profit in Floren.
- Strong balance sheet maintained despite ongoing challenging markets, with £20 million borrowing facility underpinning financial resilience and flexibility to pursue a balanced capital allocation policy.
