Pre-Close Trading Update

BRCK Group plc (AIM: BRCK), a leading distributor and provider of specialist products and services to the UK construction industry, provides a pre-close trading update for the financial year ended 31 March 2026 ("FY26").

BRCK Group expects to report another year of revenue growth at approximately £645.0 million, an increase of c.1.2% over the prior year (FY25: £637.1 million). Furthermore, FY26 Group adjusted EBITDA before share based expense1 is expected to be c.4.4% ahead of the prior year at approximately £52.3 million (FY25: £50.1 million).

The Group remains in a strong financial position and in December 2025 successfully renewed its £110 million banking facilities, securing a £60 million Revolving Credit Facility and a £50 million Term Loan for an initial three-year term, reflecting the ongoing support for the business. Leverage2 as at 31 March 2026 is expected to be approximately 1.15x, with net debt of approximately £60.5 million.

Many of the Group's businesses were impacted by the continued challenges of the housing market during the second half of the financial year and, as widely reported, adverse wet weather also negatively affected the beginning of 2026, the final quarter of the Group's financial year. In addition, some of the secured projects within the Contracting Division were impacted by continued delays in the receipt of Building Safety Regulation ("BSR") approvals to commence works.

Despite these external factors, and as demonstrated by the FY26 performance, the Group's diversification strategy continues to provide strong resilience and the Board looks to the future with confidence. The structural demand across the Group's end markets, both cyclical and non-cyclical, provides significant value drivers in the medium-term which the Group's diversified product and service offering is well positioned to capture. The BRCK Group platform has continued to be strengthened to support improved governance and strategic growth, and the financial position of the Group following the debt facility renewals also gives increased confidence in progressing the M&A pipeline when appropriate.

The Group will notify the date of publication of its results for the twelve months ended 31 March 2026 in due course.

Frank Hanna, Chief Executive Officer, said:

"I am pleased that BRCK Group has again delivered a robust performance, with revenue growth and adjusted EBITDA expected to be ahead of the prior year, despite the continued sector challenges and geopolitical uncertainty. Our strategic focus on strengthening the BRCK Group platform is further improving our operational capabilities, resilience and governance. While external factors have presented headwinds, our strong financial position and our diversified offering mean we are exceptionally well-placed to capture significant value from the enduring structural demand across our end markets."

1 Adjusted EBITDA before share based expense is defined as earnings before interest, tax, depreciation and amortisation, share option expense, acquisition costs and exceptional items.

2 Leverage is defined as net debt (pre-IFRS and excluding lease liabilities and deferred/contingent acquisition consideration) divided by adjusted EBITDA.