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Brickability Group PLC - Bridgend, Wales-based construction materials distributor - Pretax profit surges 64% to £18.4 million in the year ended March 31 from £11.2 million the year before. Revenue more than doubles to £520.2 million from £181.1 million. Attributes the growth to contributions from acquisitions and good trading momentum. Proposes final dividend of 2.04 pence per share, giving a total dividend of 3.00p. This reflects a 54% increase from the total payout of 1.95p a year prior. Believes it is well positioned to modestly exceed current full year market expectations in financial 2023.
Current stock price: 77.40 pence, up 3.9% on Thursday
12-month change: down 14%
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