BRCK Group (LSE:BRCK) said in a pre-close trading update it expects revenue for the year ended 31 March of approximately £645.0 million, up c.1.2% on FY25, and adjusted EBITDA before share based expense of c.£52.3 million, c.4.4% ahead of the prior year and in line with market expectations.
The group, a leading distributor and provider of specialist products and services to the UK construction industry, said many businesses were affected by second-half housing market weakness, adverse wet weather in the final quarter and delays to Building Safety Regulation approvals that hit its Contracting Division.
The board said the Group remains in a strong financial position after renewing £110 million of banking facilities in December 2025, a £60 million revolving credit facility and a £50 million term loan, with leverage of c.1.15x and net debt of c.£60.5 million as at 31 March.
"I am pleased BRCK has delivered a robust performance, with revenue and adjusted EBITDA ahead of the prior year despite sector challenges and geopolitical uncertainty," Chief Executive Frank Hanna said.
The board reiterated that the Group's diversified strategy has provided resilience and said the strengthened platform and debt facility renewals support progressing its M&A pipeline when appropriate.
The Group will notify the date of publication of its results for the twelve months ended 31 March in due course.