Board Change • Jul 29
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Katie Long was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 16
Final dividend of UK£0.024 announced Shareholders will receive a dividend of UK£0.024. Ex-date: 3rd September 2026 Payment date: 25th September 2026 Dividend yield will be 6.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings). However, it is well covered by cash flows (41% cash payout ratio). The dividend has increased by an average of 11% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 862% to bring the payout ratio under control. EPS is expected to grow by 269% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jul 15
Full year 2026 earnings released: EPS: UK£0.004 (vs UK£0.02 in FY 2025) Full year 2026 results: EPS: UK£0.004 (down from UK£0.02 in FY 2025). Revenue: UK£645.4m (up 1.3% from FY 2025). Net income: UK£1.30m (down 80% from FY 2025). Profit margin: 0.2% (down from 1.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Jul 06
BRCK Group plc to Report Fiscal Year 2026 Results on Jul 14, 2026 BRCK Group plc announced that they will report fiscal year 2026 results at 6:00 AM, Coordinated Universal Time on Jul 14, 2026 Announcement • Jun 19
BRCK Group PLC Announces Appointment of Clive Norman as Non-Executive Director BRCK Group PLC announced the intended appointment of Clive Norman as a Non-Executive Director of the Company. Clive previously served as a Non-Executive Director of the Company for six years and stepped down from the Board and as a Non-Executive Director of the Company on September 16, 2025. The appointment is expected to become effective following completion of the customary due diligence process, and a further announcement of the confirmation of his appointment, including any disclosures required pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies (or the applicable Listing Rules), will be made in due course. Furthermore, as announced on June 11, 2026, the Board has commenced a process to appoint a successor to John Richards as Non-Executive Chairman. This process continues and further updates will be provided, as appropriate, in due course. Announcement • Jun 12
BRCK Group plc Announces Board Changes BRCK Group plc announced that Non-Executive Chairman, John Richards, notified the Board of his decision to step down following the conclusion of the 2027 Annual General Meeting after nine years in the position. John Richards led the Board of Directors for eight years since his appointment as Non-Executive Chairman in March 2018 and his decision to step down on conclusion of the 2027 AGM aligns with the Board succession plan and good corporate governance practice in stepping down after nine years on the Board. The Board commenced a process to appoint a successor to John Richards with significant industry experience. Susan McErlain, existing Independent Non-Executive Director, was appointed as Senior Independent Director with immediate effective 11 June 2026. Susan McErlain joined the Group in April 2022. Susan had an executive career spanning over 30 years acting as a communications adviser for organizations operating across many sectors. She co-founded, grew and, in 2000, sold her investor and financial communications business. More recently, Susan acted as a Corporate Affairs Director for FTSE 250 company, Ultra Electronics plc until 2019. Since 2020 she served as a non-executive director on several boards. Announcement • Apr 26
BRCK Group plc Provides Earnings Guidance for the Financial Year Ended 31 March 2026 BRCK Group plc provided earnings guidance for the financial year ended 31 March 2026. BRCK Group expects to report another year of revenue growth at approximately £645.0 million, an increase of c.1.2% over the prior year (FY25: £637.1 million). Announcement • Apr 02
Atlas FRM LLC cancelled the acquisition of BRCK Group plc (AIM:BRCK) for approximately £210 million. Atlas FRM LLC proposed to acquire BRCK Group plc (AIM:BRCK) for approximately £210 million on February 17, 2026. A cash consideration valued at £0.65 per share will be paid by Atlas FRM LLC. The Proposal would be funded solely through equity from the Atlas funds and would not be reliant on any third-party financing.
The transaction is subject to approval of merger agreement by target board and consummation of due diligence investigation. The deal has been rejected by the board due to inadequate offer price. Ed Banks, Alex Bennett and Hugo Bax of Evercore Partners International LLP and Ben Jeynes, Henrik Persson and George Lawson of Cavendish Capital Markets Limited acted as financial advisors to BRCK Group plc. Osman Akkaya, Akshay Majithia and James Tiffin of Barclays Bank PLC acted as financial advisor to Atlas FRM LLC.
Atlas FRM LLC cancelled the acquisition of BRCK Group plc (AIM:BRCK) on March 23, 2026. The Board reviewed this proposal carefully with its financial advisers and unanimously concluded that it fundamentally undervalued BRCK. Accordingly, the Board rejected this proposal. Announcement • Oct 21
Brickability Group Plc to Report First Half, 2026 Results on Nov 25, 2025 Brickability Group Plc announced that they will report first half, 2026 results on Nov 25, 2025 Announcement • Jul 16
Brickability Group Plc, Annual General Meeting, Sep 16, 2025 Brickability Group Plc, Annual General Meeting, Sep 16, 2025. Announcement • Jul 15
Brickability Group Plc Proposes Final Dividend for the Year Ended 31 March 2025, Payable on September 26, 2025 Brickability Group Plc paid an interim dividend of 1.12 pence per share (2024: 1.07 pence) on 20 February 2025, which reflected the performance of the business and the Board's confidence in the longer-term outlook. The solid performance of the Group enables the Board to recommend the payment of a final dividend for the year ended 31 March 2025 of 2.39 pence per share (2024: 2.28 pence). Subject to shareholder approval at the Annual General Meeting, the final dividend will be paid on 26 September 2025, with a record date of 5 September 2025 and an ex-dividend date of 4 September 2025. Announcement • Jun 26
Brickability Group Plc to Report Fiscal Year 2025 Results on Jul 15, 2025 Brickability Group Plc announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Jul 15, 2025 Announcement • May 02
Brickability Group plc Appoints Kathleen (Katie) Long as Independent Non-Executive Director Effective 1 May 2025 Brickability Group PLC announced the appointment of Kathleen (Katie) Long as an independent Non-Executive Director of the Group with effect from 1 May 2025. Katie has over 15 years' experience working within a listed company environment, supporting organizations with the execution of their M&A growth strategies, as well as being CFO with responsibility for financial reporting, risk management, and the design and implementation of corporate governance structures. Katie is a co-founder and director of Tessera and prior to this, was an investment manager at Marwyn Capital where she led and managed a number of listed equity investments. Katie qualified as a chartered accountant with EY and is a member of the ICAEW and Chartered Accountants Australia and New Zealand. She is also a Non-Executive Director of a VC-backed technology company. Kathleen (Katie) Joy Long, aged 46, has held the following directorships or partnerships in the past five years: Current directorships or partnerships include Tessera Investment Management Limited, Razorsecure Limited, and Colbridge Atlas Investments LLP. Directorships or partnerships held in the past five years include Celadon Pharmaceuticals PLC, Harley Street (CPC) Limited, Tessera Investment Partners LLP, and Tessera Partners UK Limited. Announcement • Dec 20
Clive Norman Does Not Intend to Stand for Re-Election as A Director of Brickability Group Plc Brickability Group PLC announced that after six years as a Non-executive Director, Clive Norman has informed the Board that he does not intend to stand for re-election as a director at the Company's 2025 annual general meeting to be held in September 2025. Announcement • Nov 27
Brickability Group Plc Declares Interim Dividend, Payable on 20 February 2025 The Board of Brickability Group Plc has declared an interim dividend of 1.12 pence per share (H1 FY24: 1.07 pence) to shareholders on the register as at 24 January 2025. The ex-dividend date and payment date for the dividend will be 23 January 2025 and 20 February 2025 respectively. Announcement • Nov 19
Brickability Group Plc to Report First Half, 2025 Results on Nov 26, 2024 Brickability Group Plc announced that they will report first half, 2025 results on Nov 26, 2024 Announcement • Oct 22
Brickability Group plc Provides Revenue Guidance for the Six Month Period to 30 September 2024 Brickability Group Plc provided revenue guidance for the six-month period to 30 September 2024. For the period the company expects the revenues in excess of £330 million, an increase of 2%. on the prior year period. Upcoming Dividend • Aug 22
Upcoming dividend of UK£0.023 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.4%). New Risk • Aug 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €807k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Significant insider selling over the past 3 months (€807k sold). Recent Insider Transactions • Aug 19
Insider recently sold €807k worth of stock On the 12th of August, Paul Hamilton sold around 1m shares on-market at roughly €0.81 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €304k more than they sold in the last 12 months. Declared Dividend • Jul 18
Final dividend of UK£0.023 announced Shareholders will receive a dividend of UK£0.023. Ex-date: 29th August 2024 Payment date: 26th September 2024 Dividend yield will be 4.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 14% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 40% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 17
Full year 2024 earnings released: EPS: UK£0.051 (vs UK£0.093 in FY 2023) Full year 2024 results: EPS: UK£0.051 (down from UK£0.093 in FY 2023). Revenue: UK£594.1m (down 13% from FY 2023). Net income: UK£15.4m (down 45% from FY 2023). Profit margin: 2.6% (down from 4.1% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 17
Brickability Group Plc, Annual General Meeting, Sep 11, 2024 Brickability Group Plc, Annual General Meeting, Sep 11, 2024. Announcement • Jul 12
Brickability Group Plc to Report Fiscal Year 2024 Results on Jul 16, 2024 Brickability Group Plc announced that they will report fiscal year 2024 results at 6:00 AM, Coordinated Universal Time on Jul 16, 2024 New Risk • Jun 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €325k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Significant insider selling over the past 3 months (€325k sold). Announcement • Apr 27
Brickability Group plc Provides Earnings Guidance for the Financial Year Ended 31 March 2024 Brickability Group plc provided earnings guidance for the financial year ended 31 March 2024. Group revenue for the full year is expected to be approximately £594 million, a decrease of c.13% over the prior year (year 2023: £681 million) or c.18% lower on a like-for-like ("LFL") basis. Recent Insider Transactions • Mar 08
Chairman of the Board recently bought €78k worth of stock On the 6th of March, John Richards bought around 100k shares on-market at roughly €0.78 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €439k. This was John's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 03
Founder recently bought €439k worth of stock On the 27th of February, Alan Simpson bought around 554k shares on-market at roughly €0.79 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alan has been a buyer over the last 12 months, purchasing a net total of €548k worth in shares. Recent Insider Transactions • Jan 30
Founder recently bought €109k worth of stock On the 26th of January, Alan Simpson bought around 150k shares on-market at roughly €0.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months. Announcement • Jan 22
Brickability Group Plc (AIM:BRCK) acquired Topek Southern Limited for £48million. Brickability Group Plc (AIM:BRCK) acquired Topek Southern Limited for £48million on January 22, 2024. an initial cash consideration of £17.3million payable on completion, subject to final working capital adjustments to acquire the business on a cash-free, debt-free basis. a further £10.0million satisfied through the issue of 17,094,017 new ordinary shares of in the capital of the Company at an effective issue price of 58.5 pence per ordinary share, and up to £20.7million of deferred contingent consideration that, subject to adjustments, is payable for performance against target performance criteria over the next three years. The initial cash consideration for the Acquisition will be financed through the Group's existing cash resources. The Consideration Shares will be subject to a 24-month hard lock-in, subject to customary carve-outs, followed by a 12-month orderly market arrangement. The Consideration Shares represent approximately 5.7 per cent. of the existing share capital. Ben Jeynes from Cavendish Capital Markets Limited act as financial advisor for Brickability Group Plc.Brickability Group Plc (AIM:BRCK) completed the acquisition of Topek Southern Limited for £48million on January 22, 2024. New Risk • Jan 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.5% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Upcoming Dividend • Jan 18
Upcoming dividend of UK£0.011 per share at 6.0% yield Eligible shareholders must have bought the stock before 25 January 2024. Payment date: 22 February 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%). Reported Earnings • Nov 30
First half 2024 earnings released: EPS: UK£0.038 (vs UK£0.037 in 1H 2023) First half 2024 results: EPS: UK£0.038 (up from UK£0.037 in 1H 2023). Revenue: UK£324.8m (down 7.9% from 1H 2023). Net income: UK£11.3m (up 1.5% from 1H 2023). Profit margin: 3.5% (up from 3.2% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Basic Materials industry in Europe. Announcement • Nov 29
Brickability Group plc Recommends Interim Dividend, Payable on 22 February 2024 Brickability Group Plc recommended an interim dividend of 1.07 pence per share (2023: 1.01 pence), 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. Announcement • Nov 21
Brickability Group Plc to Report Q2, 2024 Results on Nov 28, 2023 Brickability Group Plc announced that they will report Q2, 2024 results at 7:00 AM, Coordinated Universal Time on Nov 28, 2023 Announcement • Oct 12
Brickability Group Plc (AIM:BRCK) acquired Group Topek Holdings Limited for £45 million. Brickability Group Plc (AIM:BRCK) acquired Group Topek Holdings Limited for £45 million on October 11, 2023. The consideration payable for the Acquisition comprises an initial cash consideration of £27.3 million payable on completion, subject to final working capital adjustments to acquire the business on a cash-free, debt-free basis, and deferred contingent consideration of up to £17.7 million. The deferred contingent consideration is payable subject to adjustments for performance against target performance criteria over the next three years. The Acquisition consideration is being funded from the Group's existing cash resources and from newly amended and restated bank facilities which now mature in October 2026.In the 12 months to 31 August 2023, Topek generated unaudited revenue of £21.2 million and adjusted EBITDA of £8.0 million. Cavendish Securities plc acted as the financial advisor to Brickability Group Plc (AIM:BRCK) in the transaction.Brickability Group Plc (AIM:BRCK) completed the acquisition of Group Topek Holdings Limited on October 11, 2023. New Risk • Oct 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 33% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 33% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Oct 11
Brickability Group plc Provides Revenue Guidance for H1 FY24 Brickability Group Plc provided revenue guidance for H1 FY24. For the period, the company expects revenue to be approximately £324 million (H1 FY23: £352.7 million). Upcoming Dividend • Aug 17
Upcoming dividend of UK£0.021 per share at 5.9% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.3%). New Risk • Jul 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jul 17
Full year 2023 earnings released: EPS: UK£0.093 (vs UK£0.044 in FY 2022) Full year 2023 results: EPS: UK£0.093 (up from UK£0.044 in FY 2022). Revenue: UK£681.1m (up 31% from FY 2022). Net income: UK£27.7m (up 124% from FY 2022). Profit margin: 4.1% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Basic Materials industry in Europe. Announcement • Jul 17
Brickability Group Plc, Annual General Meeting, Sep 05, 2023 Brickability Group Plc, Annual General Meeting, Sep 05, 2023. Announcement • Jul 12
Brickability Group Plc to Report Fiscal Year 2023 Results on Jul 17, 2023 Brickability Group Plc announced that they will report fiscal year 2023 results at 6:00 AM, Coordinated Universal Time on Jul 17, 2023 Board Change • Apr 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Sharon Collins was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 19
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 26 January 2023. Payment date: 23 February 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%). Recent Insider Transactions • Dec 20
Group COO recently bought €155k worth of stock On the 14th of December, Paul Hamilton bought around 200k shares on-market at roughly €0.78 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paul has been a buyer over the last 12 months, purchasing a net total of €232k worth in shares. Reported Earnings • Nov 29
First half 2023 earnings released: EPS: UK£0.039 (vs UK£0.02 in 1H 2022) First half 2023 results: EPS: UK£0.039 (up from UK£0.02 in 1H 2022). Revenue: UK£352.7m (up 58% from 1H 2022). Net income: UK£11.7m (up 126% from 1H 2022). Profit margin: 3.3% (up from 2.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Basic Materials industry in Europe. Announcement • Nov 28
Brickability Group Plc Announces Interim Dividend, Payable on 23 February 2023 The board of Brickability Group Plc announced an interim dividend of 1.01 pence per share (First Half Fiscal Year 2022: 0.96 pence), payable on 23 February 2023, 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 26 January 2023 with associated record date of 27 January 2023. Announcement • Nov 14
Brickability Group Plc to Report Q2, 2023 Results on Nov 28, 2022 Brickability Group Plc announced that they will report Q2, 2023 results on Nov 28, 2022 Announcement • Oct 19
Brickability Group plc Provides Revenue Guidance for the Six Month Period to 30 September 2022 Brickability Group Plc provided revenue guidance for the six-month period to 30 September 2022. For the period the company expects the group revenue to be approximately £353 million, an increase of c.58% compared to first half 2021. Announcement • Oct 04
Brickability Group Plc (AIM:BRCK) acquired E. T. Clay Products Limited and Heritage Clay Tiles Limited for £11.6 million. Brickability Group Plc (AIM:BRCK) acquired E. T. Clay Products Limited and Heritage Clay Tiles Limited for £11.6 million on October 3, 2022. The consideration is being satisfied by an initial cash payment of £8.1 million and deferred consideration of £3.5 million payable in cash over the next three years subject to adjustments to deferred consideration payments for performance against target performance criteria during the Performance Period. The consideration is being satisfied in cash and funded from the Group's existing cash resources. In the year to July 30, 2022, ET Clay Products generated unaudited revenues of £44.3 million and adjusted EBITDA of £3.0 million. The transaction is expected to be immediately earnings accretive post completion.
Brickability Group Plc (AIM:BRCK) completed the acquisition of E. T. Clay Products Limited and Heritage Clay Tiles Limited on October 3, 2022. Announcement • Sep 07
Brickability Group Plc Elects Susan Mcerlain as Director Brickability Group Plc at its annual general meeting held on September 06, 2022 elected Susan McErlain as a director. Upcoming Dividend • Aug 18
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 22 September 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (4.0%). Announcement • Aug 09
Brickability Group Plc Appoints Sharon Collins as an Independent Non-Executive Director of the Group with Effect from 6 September 2022 Brickability Group plc announced the appointment of Sharon Collins as an Independent Non-Executive Director of the Group with effect from 6 September 2022, on conclusion of the Company's 2022 Annual General Meeting. Sharon has more than 20 year's experience predominantly in marketing, international sales and business development roles within the Healthcare sector. Having previously worked for a leading dental manufacturer for seven years, Sharon also spent five years within the International Business Development field with Sinclair Pharmaceuticals. Sharon qualified from Lancaster University in 1996 with a degree in Marketing and gained her MBA (with Distinction) in 2005. In 2010, she co-founded Venture Life Group, which was subsequently floated on AIM, and is currently Chief Commercial Officer and Board Director of the Venture Life Group; Sharon is responsible for the international expansion of the business and its 'Buy and Build' strategy, delivered through acquisition, integration, and growth. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 20% share price gain to €1.03, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Basic Materials industry in Europe. Total loss to shareholders of 11% over the past year. Announcement • Jul 23
Brickability Group plc Recommends the Payment of A Final Dividend for the Year Ended 31 March 2022, Payable on 22 September 2022 Brickability Group Plc recommended the payment of a final dividend for the year ended 31 March 2022 of 2.04 pence per share. Subject to shareholder approval at the Annual General Meeting, the final dividend will be payable on 22 September 2022, with a record date of 26 August 2022 and an ex-dividend date of 25 August 2022. Reported Earnings • Jul 22
Full year 2022 earnings released: EPS: UK£0.044 (vs UK£0.042 in FY 2021) Full year 2022 results: EPS: UK£0.044 (up from UK£0.042 in FY 2021). Revenue: UK£520.2m (up 187% from FY 2021). Net income: UK£12.4m (up 28% from FY 2021). Profit margin: 2.4% (down from 5.3% in FY 2021). Over the next year, revenue is forecast to grow 14%, compared to a 7.3% growth forecast for the industry in Germany. Announcement • Jul 21
Brickability Group Plc, Annual General Meeting, Sep 06, 2022 Brickability Group Plc, Annual General Meeting, Sep 06, 2022. Announcement • Jul 19
Brickability Group Plc to Report Fiscal Year 2022 Results on Jul 21, 2022 Brickability Group Plc announced that they will report fiscal year 2022 results at 6:00 AM, Coordinated Universal Time on Jul 21, 2022 Announcement • Jun 02
Brickability Group Plc (AIM:BRCK) acquired Modular Clay Products Limited for £4.75 million. Brickability Group Plc (AIM:BRCK) acquired Modular Clay Products Limited for £4.75 million on June 1, 2022. The consideration is being satisfied by an initial cash payment of £3.33 million and deferred consideration of £1.43 million payable in cash over the next three years (the "Performance Period"), subject to adjustments to deferred consideration payments for performance against target performance criteria during the Performance Period. The acquisition will be funded from the Group's existing resources and is expected to be immediately earnings accretive post completion. For the 12 months to 31 December 2021, MCP reported unaudited revenue of £10.50 million and normalized EBITDA of approximately £1.30 million. Ben Jeynes, Max Gould, Julian Morse and Alex Pollen of Cenkos Securities plc (AIM:CNKS) acted as financial advisor to Brickability Group.
Brickability Group Plc (AIM:BRCK) completed the acquisition of Modular Clay Products Limited for £4.75 million on June 1, 2022. Announcement • May 02
Brickability Group plc Appoints Susan Mcerlain as Independent Non-Executive Director, with Effect from 9 May 2022 Brickability Group plc announced the appointment of Susan McErlain as an Independent Non-Executive Director of the Group, with effect from 9 May 2022. Susan currently holds two non-executive director roles with AIM listed companies: Trackwise Designs plc, where she sits on the Audit Committee and is Chair of the Remuneration Committee; and Dewhurst Group plc, where she is a member of both the Audit and Remuneration Committees. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Giles Beale was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Brickability Group Plc (AIM:BRCK) acquired Beacon Roofing Limited for £6.5 million. Brickability Group Plc (AIM:BRCK) acquired Beacon Roofing Limited for £6.5 million on March 31, 2022. Under the terms, £4.5 million will be paid initially in cash and deferred consideration of £2.0 million is payable in cash over the next three years based on performance. The transaction will be funded from the Brickability Group Plc's existing resources. For the 12 months to 31 January 2022, Beacon reported unaudited revenue of £8.9 million and normalized EBITDA of approximately £1.1 million. The transaction is expected to be immediately earnings accretive post completion.
Brickability Group Plc (AIM:BRCK) completed the acquisition of Beacon Roofing Limited on March 31, 2022. Reported Earnings • Dec 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.03 (up from UK£0.019 in 1H 2021). Revenue: UK£223.5m (up 197% from 1H 2021). Net income: UK£7.96m (up 83% from 1H 2021). Profit margin: 3.6% (down from 5.8% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 39%, compared to a 9.3% growth forecast for the industry in Germany. Announcement • Nov 25
Brickability Group Plc (AIM:BRCK) acquired HBS NE Limited from HBS Group Southern Ltd for £5.5 million. Brickability Group Plc (AIM:BRCK) acquired HBS NE Limited from HBS Group Southern Ltd for £5.5 million on November 24, 2021. The consideration is being satisfied by an initial payment of £3.3 million and deferred consideration of £2.2 million payable in cash over the next three years subject to adjustments to deferred consideration payments for performance against target performance criteria during the Performance Period and for any outperformance of targets during the two years thereafter. Brickability Group Plc also acquired its trading name HBS New Energies and UPOWA. The acquisition will be funded from the Group's existing resources. For the year ended March 31, 2021, HBS NE reported unaudited revenue of £8.5 million and normalised EBITDA of approximately £1.1 million. The transaction is expected to be immediately earnings accretive post completion.
Brickability Group Plc (AIM:BRCK) completed the acquisition of HBS NE Limited from HBS Group Southern Ltd on November 24, 2021 Reported Earnings • Aug 06
Full year 2021 earnings released: EPS UK£0.042 (vs UK£0.048 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£181.1m (down 3.2% from FY 2020). Net income: UK£9.67m (up 4.0% from FY 2020). Profit margin: 5.3% (up from 5.0% in FY 2020). The increase in margin was driven by lower expenses. Announcement • Aug 04
Brickability Group Plc (AIM:BRCK) acquired Leadcraft Limited for £5.5 million. Brickability Group Plc (AIM:BRCK) acquired Leadcraft Limited for £5.5 million on August 2, 2021. As per the transaction, consideration is being satisfied by an initial payment of £3.3 million and deferred consideration of £2.2 million payable in cash over the next three years, of which £0.9 million is subject to performance criteria. The acquisition will be funded from the Brickability Group Plc's existing resources. As on June 30, 2021, Leadcraft Limited generated revenue of £5.6 million and normalised EBITDA of approximately £1.0 million. The transaction is expected to be immediately earnings accretive post completion. Ben Jeynes, Max Gould, Julian Morse and Alex Pollen of Cenkos Securities plc (AIM:CNKS) acted as financial advisor to Brickability Group Plc.
Brickability Group Plc (AIM:BRCK) completed the acquisition of Leadcraft Limited on August 2, 2021. Recent Insider Transactions • Jul 03
Key Executive recently sold €19m worth of stock On the 30th of June, Alan Simpson sold around 17m shares on-market at roughly €1.11 per share. This was the largest sale by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months. Announcement • Jun 04
Brickability Group Plc (AIM:BRCK) entered into conditional sale and purchase agreement to acquire Taylor Maxwell Group (2017) Limited for £63 million. Brickability Group Plc (AIM:BRCK) entered into conditional sale and purchase agreement to acquire Taylor Maxwell Group (2017) Limited for £63 million on June 1, 2021.Under the terms, the consideration comprises of £40 million initial cash consideration (subject to a £1 million retention in respect of certain of the indemnities given under the agreement); £10 million through the issue of 9,900,990 Consideration Shares, which will be subject to a 24 month lock in period (subject to customary exceptions) and followed by a 12 month orderly market arrangement; and deferred consideration of up to £13 million, based upon future adjusted EBITDA performance targets over the 3 financial years following completion of the transaction. The cash consideration is subject to certain post-completion adjustments in the event that certain tax benefits are received by the Brickability Group or there is a pension surplus accruing to the Brickability Group. In a related transaction, Brickability Group directors and management will retain a shareholding of approximately 28.3 per cent. in Brickability, down from approximately 54 per cent. £52.7 million net proceeds of the Placing will be used to fund the transaction of Taylor Maxwell and future bolt-on acquisitions.
Taylor Maxwell revenue were £252.4 and EBIDA was £10.4 for the year ending March, 2021. The majority of employees from Taylor Maxwell will join the Group as part of the transaction. Key Taylor Maxwell senior management will bolster Brickability's head office operations, including divisional directors and directors from finance, marketing and IT. Approximately 190 employees will join Brickability. Those employees who are Taylor Maxwell shareholders will be receiving more than 50 per cent of their sale consideration in Consideration Shares and future earn out targets. The transaction is conditional upon shareholder approval of Brickability, competition condition and a pensions condition, either of which may be waived in whole or in part Brickability.. The General Meeting is being convened to take place on June 29, 2021, Completion of the transaction is therefore anticipated to take place on June 30, 2021. The transaction is expected to be significantly earnings accretive on a per share basis and puts the Group on track to reach £500 million of annual revenues in the near term. Cenkos Securities plc acted as financial advisor in the transaction. Announcement • Apr 20
Brickability Group plc Provides Earnings Guidance for the Year Ended 31 March 2021 Brickability Group Plc provided earnings guidance for the year ended 31 March 2021. For the year, the company expects to deliver revenues for the period of approximately £180 million ahead of previous expectations.