UK's BRCK Group slumps on downbeat profit outlook

By Reuters News

** Shares of British construction materials distributor BRCK Group BRCK.L down 11.2% at 43.5p

** Stock on track for worst day since February 2024

** Co expects FY adj EBITDA of about £45 million ($59.78 million) vs company-compiled expectations of £50.3 million, as UK housebuilding industry remains subdued

** Also expects H1 adj EBITDA of about £25.5 million vs £27.2 million last year

** BRCK down 23% YTD

($1 = 0.7527 pounds)

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