Ibstock plc

Costs and competition driving lower FY25 expectations

  • Sectors : Building products
  • Companies : Ibstock plc

Ratings and price correct at time of issue.

  • Ibstock plc

    Closing Price: 193p

  • RATING 02/07/24

  • PREVIOUS RATING 04/08/17

    NEUTRAL

DAVY VIEW

While a sustained recovery is underway in Ibstock’s main markets, adding capacity has held back profit growth in H1. Competition is also restricting margins at this stage, and full year forecasts are likely to decline following today’s announcement.

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Jun 11 2025, 07:51 IST/BST

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