The Brickability Group plc Board is pleased to recommend an interim dividend of 1.07p per share (H1 FY23: 1.01p), 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.
Other financial highlights include:
Revenue of £324.8m, a decrease of 7.9% compared to H1 FY23 (H1 FY23: £352.7m) and a 14.4% reduction on a like-for-like basis
Gross profit of £55.0m (H1 FY23: £54.9m)
Increased gross profit margin of 16.9% (H1 FY23: 15.6%)
Adjusted EBITDA increased slightly to £25.6m (H1 FY23: £25.5m(3))
Adjusted Profit before tax decreased by 2.7% to £21.8m (H1 FY23: £22.4m
Statutory Profit before tax increased by 8.8% to £16.0m (H1 FY23: £14.7m
Statutory EPS increased by 1.1% to 3.78p (H1 FY23: 3.74p)
Adjusted EPS decreased by 11.7% to 5.30p (H1 FY23: 6.00p)
Net debt as at 30 September 2023 of £30.9m (H1 FY23: £27.4m)