Upgrades and a horror show!
Results and updates from AIM covered here include plenty of positives – there is yet another upgrade for one of our Stonking Small caps - although the struggles of one company continue and we wonder if hitherto supportive shareholders are close to throwing in the towel. Read on here for updates from AIM.
Brickability: looking good, but the market has its doubts Construction materials distributor Brickabilty (AIM:BRCK), reassured with its trading update for the six-months to 30 September 2022. Group revenue for the period is expected to have increased by 58% to £353m, or 10% on a like for like basis, excluding the impact of acquisitions. As a result, the Board currently anticipates reporting adjusted EBITDA for the six months to 30 September 2022 of at least £25m, which compares to £18m in the prior corresponding period. Sales and profit growth has been generated across each of the Group's four divisions, notwithstanding continued…