Forterra plc

Full year results to be in line with expectations; new CEO announced

  • Sectors : Building products
  • Companies : Forterra plc

Ratings and price correct at time of issue.

  • Forterra plc

    Closing Price: 220p

  • RATING 19/08/16

  • PREVIOUS RATING N/A

DAVY VIEW

Forterra remains on track to deliver a significant improvement in earnings this year, supported by a number of hefty brick selling price increases. However, our forecasts for 2023 are stale and will need to be lowered to reflect the challenging outlook for the construction sector.

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Nov 22 2022, 08:15 GMT

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