BRCK Group is anticipating a slight fall in turnover in its half-year results, amid subdued market conditions.
In a trading update issued this morning, the company reported that its revenue was expected to decline, dropping by 1.1 per cent to £343.1 million (H1 2026: £347 million) for the six-month period ended 30 September 2026.
Adjusted EBITDA is also forecasted to decrease by a larger 6.3 per cent to £25.5 million (H1 2026: £27.2 million).
Meanwhile, bosses have warned market recovery is likely to take longer than previously anticipated, with BRCK now projected to deliver an EBITDA of £45 million, down from the current market consensus figure of £50.3 million.
However, the company remains confident that its “disciplined” growth strategy will leave BRCK well positioned to take advantage of any improvements in trading conditions.
Chief executive at BRCK, Frank Hanna, said: “BRCK has demonstrated true resilience in the first half of the year, driven by our diversified model, strength of our brands as well as the standout performance of our Design & Install division.
“While the macroeconomic environment dictates a longer road to recovery for the housebuilding sector, our proactive focus on internal efficiencies and strong financial footing ensures we are ready to take advantage when market conditions improve.”
Net debt at 30 September 2026 is expected to rise to £96.4 million on a pre-IFRS basis, compared with £66.8 million the year prior, following the acquisition of H.S. Jackson & Sons and its associated freehold property.
The group will announce its results on the 24th of November.
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