Interim Results for the Six Months Ended 30 September 2025

• The Group delivered a robust H1 FY26 performance in line with expectations despite persistent headwinds in the wider housebuilding and construction industries
• Revenue increased by 4.9% to £347.0m, reflecting growth in three of the Group’s four divisions
• Growth in Adjusted EBITDA before SBP to £28.1m (H1 FY25: £27.9m), stated before a share-based payment expense of £0.9m (H1 FY25: £0.5m)
• Net debt of £66.8m (H1 FY25: £56.3m) includes £7.2m of deferred and contingent consideration acquisition payments
• Continued investment made to build upon delivered IT system upgrades and process efficiencies
• Interim dividend maintained at 1.12p per share

• Group to be renamed to BRCK Group PLC to reflect the breadth of business activities within the Group
• New build housing market remains subdued, as the industry awaits the Government’s Budget announcement tomorrow
• Medium-term housing market fundamentals remain strong and there remains a persistent and structural housing deficit
• A healthy order pipeline in the Contracting Division exceeding £150m
• The Board remains confident in achieving market expectations for the full year (11)

(1) Adjusted EBITDA is earnings before interest, tax, depreciation, amortisation and other items (See Financial Review and note 4).
(2) Adjusted EBITDA margin is Adjusted EBITDA as a percentage of revenue.
(3) Adjusted profit before tax is statutory profit before tax excluding other items.
(4) Adjusted EPS is adjusted profit after tax (statutory profit after tax before other items) divided by the weighted average number of shares in the year.
(5) Bank borrowings, excluding arrangement fees, less cash.
(6) Statutory measures derived from accounting under IFRS.
(7) Adjusted EBITDA before Share-based payment expense (“Adjusted EBITDA before SBP”) is earnings before interest, tax, depreciation, amortisation, share-based payment expense and other items (See Financial Review and notes 4 and 5).
(8) Adjusted EBITDA before SBP margin is Adjusted EBITDA before SBP as a percentage of revenue.
(9) Adjusted profit before tax before SBP is statutory profit before tax excluding other items and share-based payment expense.
(10) Adjusted EPS before SBP is adjusted profit after tax before SBP (statutory profit after tax before other items and share-based payment expense) divided by the weighted average number of shares in the year.
(11) Company compiled consensus market expectations for FY26 at the date of this announcement of revenue of £650m and adjusted EBITDA before SBP of £52.25m.