MKM Building Supplies has posted a 12% annual revenue growth for the full year 2025 and says it is outperforming the market.
The company’s annual revenue for the full year 2025 was £1,103.8m (2024: £986.2m), with normalised EBITDA increasing to £89m (2024: £77m). Group net finance debt reduced to £243m (2024: £247m), reflecting positive cash generation during the year.
Market share also grew to 14.8% (2024: 13.3%).
MKM CEO Kate Tinsley said the company achieved organic growth across existing branches, opened seven new branches and continue to develop its newer branches.
“MKM delivered a strong performance in 2025, continuing to outperform the market and growing both revenue and profitability despite ongoing challenging conditions,” she said.
“While the market remains uncertain, with ongoing inflationary pressures and wider geopolitical factors impacting the supply chain, we are well positioned to manage these challenges.”
MKM’s branch network now extends to 139 branches, with continued investment in specialist capabilities, including the expansion of Oceanair. The company believes there remains significant opportunity to further grow the network over time.
MKM also launched its first eCommerce mobile app during the year, giving customers another quick and easy way to browse, order and manage their account.
The company said the current macroeconomic impact of events in the Middle East has led to inflation in the price of building materials in the market. It is working with its suppliers to minimise the impact on its customers.
MKM says the outlook remains challenging to predict in the near term, with continued pressure from inflation, particularly across product and transport costs, alongside wider geopolitical uncertainty. But it points to market fundamentals of a housing shortage and an ageing estate in need of repairs as supporting its view of significant potential for growth.
“MKM is therefore cautiously optimistic about the year ahead, underpinned by the strength of its model, its market position and its continued ability to outperform,” it added.
The Group has strengthened its liquidity position, increasing its debt factoring facility and securing an additional working capital facility to support future growth. The Group’s senior credit agreement was extended to July 2028.
