Brick merchant Brickability has reported a pre-tax profit despite the slump during Covid lockdown.
After listing on the AIM last September, the firm reported a pre-tax profit of £12.2m in the year to March, an increase of 42% and up 15% on revenue to £187m.
The firm has been trading for over 25 years and specialising in bricks, blocks, tiles, slates and paving stones and boasts an extensive network of business partners and suppliers throughout the UK and Europe. They have 25 sites and sales offices and employs around 225 staff.
Clients include the likes of Bellway, Bewley Homes, Redrow and Berkeley Group and are amongst the recipients of 300 million bricks every year.
John Richards, Chairman of Brickability said “While the outlook is of course pandemic dependent, our core market looks strong and this is reflected in current trading levels.”
As well as supplying materials, the firm also offers a brick matching service for conservation and restoration projects, a brick calculation service to accurately estimate the number of bricks needed for a project and a quantity take-off service which effectively outlines building material requirements and costs.