Brickability has traded through COVID-19 with great resilience giving credibility to the operating model and to management. Recovery remains tied to the (PD) housing market but product diversification, cross-selling and share gains are drivers to organic growth, whilst acquisition(s), in limbo through the pandemic, remain an essential part of the strategy. We are reinstating forecasts for FY21 through FY23 and see a strong bounce in profitability in FY22E against which the rating is hugely attra ....
12 Nov 2020
Cenkos: Brickability Group Plc -- Front foot again
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Cenkos: Brickability Group Plc -- Front foot again
Brickability Group PLC (BRCK:LON) | 60.5 0 0.0% | Mkt Cap: 193.1m
- Published:
12 Nov 2020 -
Author:
Cavendish Research -
Pages:
12
Brickability has traded through COVID-19 with great resilience giving credibility to the operating model and to management. Recovery remains tied to the (PD) housing market but product diversification, cross-selling and share gains are drivers to organic growth, whilst acquisition(s), in limbo through the pandemic, remain an essential part of the strategy. We are reinstating forecasts for FY21 through FY23 and see a strong bounce in profitability in FY22E against which the rating is hugely attra ....