Brickability has announced a rebrand and an adjusted acquisition strategy to better align with the changing landscape of the construction industry.
The Berkshire-based construction product supplier, which will become BRCK in January, announced the change alongside its interim results, with the rebrand reflecting its broadened portfolio, spanning four key divisions: Bricks and Building Materials, Importing, Distribution, and Contracting.
The move comes as the company positions itself for future opportunities amid a challenging market, prompting a rethink of its acquisition strategy and adopt a disciplined approach to capital allocation.
While still open to potential acquisitions, the company has indicated it has “not been minded to advance acquisition discussions” this year.
For the six months ended 30 September 2025, the group reported a 4.9 per cent increase in revenue to £347 million, driven by growth across three of its four divisions.
In its divisions, bricks and building materials saw a 5.9 per cent revenue increase to £230.4 million, while importing grew 6.3 per cent to £28.6 million, with strong performance in imported brick volumes, and distribution grew 12.1 per cent to £37.1 million, driven by solar and radiator sales.
However, the contracting division experienced a 4.9 per cent revenue decline to £50.9 million, impacted by delays in fire remediation projects.
Adjusted EBITDA remained stable at £27.2 million, with adjusted pre-tax profit at £21 million.
Profit from operating activities doubled to £8.4 million (HY1 2024: £4.2 million).
The company also declared an interim dividend of 1.12 pence per share.
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Despite the challenging market, bosses remain confident in meeting full-year targets, supported by a strong order book, including £150 million in its contracting division, and ongoing investments in technology and systems.
Chief executive officer, Frank Hanna said: “Following strong financial results in FY25, we have continued to demonstrate the group’s resilience by reporting robust results in the first half of the current financial year.
“We enter the second half with a strong and well-balanced forward order book and a diversified business which is performing well despite challenges in our end markets, notably the low level of private housing starts and the delays in the Building Safety Regulator Gateway.
“Whilst cognisant of any worsening of these external factors, we are pleased to report that the group is tracking in line with market expectations for the full year.”
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