Brickability has forecast that its expected EBITDA will come in modestly ahead of market expectations, after reporting a “resilient” trading period.

The building materials supplier said its performance in the first 10 months of the financial year had been pleasing in a “challenging demand environment”, and that it was in good shape for its annual results for the year ending 31 March 2025.

Despite the market backdrop, Brickability said its strategy of diversifying its revenue streams had enabled it to deliver a “solid performance”. In the four months to 31 January, its revenue increased by approximately 12.3% on a like-for-like basis compared with the same period in the prior year, as the company recorded growth across all of its four divisions.

The group’s “bricks and building materials” and “importing” divisions delivered strong revenue growth compared with both the period last year and the first half of the current financial year, however Brickability warned that pricing had become “increasingly competitive” as a result of softer demand in the wider market.

Brickability also said its “distribution” and “contracting” divisions had also experienced benefits towards the end of 2024, and that the group has “good visibility on the timing of orders and projects”.

“I am pleased by the way in which Brickability is performing and it is testament to our specialist, multi-channel group structure and the hard work of the group’s teams across the four divisions that we are able to deliver growth through a tough cycle,” said Brickability CEO, Frank Hanna.

“At the same time, we are investing in our IT systems and the standardisation of processes to improve operating efficiencies and data analytics to better serve our customers.”

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