US growth | Legal winner | Dividend delights
News covered here includes our assessment of interim results from Fevertree, which disappointed the market, despite strong US growth. Elsewhere, it remains challenging in the construction materials sector, but two companies covered here appear to be holding up. Another of our Stonking Small Cap opportunities reported terrific results bringing another upgrade. Read on here for our assessment of this and other news, including some big dividend payers.
Brickability: trading in-line, but…. The AGM statement from Brickability (AIM: BRCK), the construction materials distributor, confirmed that trading for its financial year ending 31 March 2025 has been resilient, with the Group performing in line with expectations throughout the first five months of the year. Market conditions remain challenging, with lower demand for bricks, driven through a sustained decline in UK housing builds. As a result, trading in the Bricks and Building Materials and Importing divisions reflect the lower brick related volumes. The Distribution division continues to deliver a resilient performance, whilst the Contracting division is performing strongly, benefitting in…