Positive interims, with LFL revenue growth of 9.3%, adjusted EBITDA growth of 45.7%, a 5% increase in the dividend and an in-line outlook statement. There is clearly added uncertainty going into 2023, the diversity of both its product base and customers means it remains in a good position. The share price has behaved more like a housebuilder and in our view, this fails to reflect the diversity of its model and the fact that the group's earnings continue to rise. On revised forecasts the shares t ....

28 Nov 2022
Cenkos: Brickability Group Plc - Underlying trading remains strong

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Cenkos: Brickability Group Plc - Underlying trading remains strong
Brickability Group PLC (BRCK:LON) | 64.5 0 0.0% | Mkt Cap: 193.5m
- Published:
28 Nov 2022 -
Author:
Andrew Gibb -
Pages:
9 -
Positive interims, with LFL revenue growth of 9.3%, adjusted EBITDA growth of 45.7%, a 5% increase in the dividend and an in-line outlook statement. There is clearly added uncertainty going into 2023, the diversity of both its product base and customers means it remains in a good position. The share price has behaved more like a housebuilder and in our view, this fails to reflect the diversity of its model and the fact that the group's earnings continue to rise. On revised forecasts the shares t ....