Construction specialist builds momentum with strong performance

Construction materials distributor Brickability has hailed a strong performance across all of its divisions and said this morning its full year results will be ahead of expectations.

The company, which has an operation in Tamworth, now expects to report an adjusted EBITDA  of a least £32m for the full year to 31 March 2022.

Brickability said: “The group’s continued positive performance, despite the wider challenges and uncertainty caused by the COVID-19 pandemic and industry supply chain disruption, further demonstrates the strength, agility and operational efficiency of Brickability’s diverse multi business strategy, as it continues to successfully navigate these pressures.”

It added that Taylor Maxwell and the other businesses acquired by the group during the current year have continued to perform well and the sustained positive momentum and optimism within the UK housebuilding sector is reflected in the group’s forward order book levels.

“Looking ahead, the board remains confident that the group is well placed to continue delivering on its strategic objectives and the underlying growth of the business,” Brickability added.

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