TIDMBRCK

RNS Number : 4204L

Brickability Group PLC

05 September 2023

Brickability Group PLC

LEI: 213800SK28MWXB3K3P26

5 September 2023

Brickability Group plc

("Brickability" or "the Group")

AGM Statement

Brickability Group plc (AIM: BRCK), the leading construction materials distributor, announces that at the Company's Annual General Meeting ('AGM') due to be held today at 12:00 pm at the offices of the Company at Queensgate House, Cookham Road, Bracknell, Berkshire, RG12 1RB, John Richards, Chairman, will make the following statement.

"Trading in the current financial year to 31 March 2024 has continued well, with the Group performing in line with Board expectations throughout the first quarter of FY24 and to 31 July 2023.

"Whilst the Board's expectations are that the month of August will be typically seasonal for the Group, the Board remains cognisant of volume reductions experienced by certain housebuilders and manufacturers due to macro-economic conditions.

"Although the remainder of the current year is therefore likely to present a more challenging trading environment for the Group, the Board believes that Brickability's diversified, multi-business, approach enables the Group to continue to perform well in the current market backdrop and that this strategy best positions the Group for the future. The Company looks forward to providing a further update in a scheduled trading update in respect of H1 2023 towards the end of October.

"I would like to take this opportunity to thank all of my Brickability colleagues for their continued hard work. Their drive and entrepreneurial spirt provides Brickability with its adaptability, diversity, strength and ability."

- Ends -

For further information please contact:

 
 Brickability Group plc                        via Montfort Communications 
  John Richards, Chairman 
  Alan Simpson, CEO 
  Mike Gant, CFO 
 
 Cenkos Securities plc (Nominated adviser 
  and broker) 
  Ben Jeynes, Max Gould (Corporate Finance) 
  Julian Morse, Michael Johnson (Sales)               +44 (0) 20 7397 8900 
 
 Montfort Communications 
  James Olley 
  Ella Henderson                                      +44 (0) 203 514 0897

This announcement contains inside information.

About Brickability

Brickability is a leading construction materials distributor, serving customers across the UK and Europe for over 37 years through its national and local networks. The Group supplies over 500m bricks annually and has over 70 locations across the country with over 700 employees.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGMUVUBROWUKRRR

(END) Dow Jones Newswires

September 05, 2023 03:30 ET (07:30 GMT)

Brickability (LSE:BRCK)
Gráfica de Acción Histórica
De Abr 2024 a May 2024 Haga Click aquí para más Gráficas Brickability.
Brickability (LSE:BRCK)
Gráfica de Acción Histórica
De May 2023 a May 2024 Haga Click aquí para más Gráficas Brickability.