Cladding delivers | CEO clears the decks | Nice price
News covered here includes our assessment of the latest trading update from what used to be one of AIM’s largest companies. Yet another profit warning has seen the shares tumble again, although cash flow continues to be strong. Elsewhere, there was more encouragement from a construction materials group, while an under-the-spotlight veterinary group secured a nice price for one of its non-core operations. Read on here for our thoughts on this and other news.
Those interested in big dividend paying companies on AIM, of which there are a growing number, should take a look at our AIM for High Yield Portfolio here. Onto the latest news.... Brickability: all about claddingBrickability Group (AIM: BRCK), the construction materials distributor, encouraged with a trading update for its financial year to 31 March 2025. Group revenue for the year is expected to have climbed 7% to £637m, and 1% higher on a like-for-like basis. The results were helped by a strong final quarter in its Contracting Division where a number of projects within its specialist cladding and fire…