Forterra plc

Decent update as full year expectations maintained

  • Sectors : Building products
  • Companies : Forterra plc

Ratings and price correct at time of issue.

  • Forterra plc

    Closing Price: 181p

  • RATING 19/08/16

  • PREVIOUS RATING N/A

DAVY VIEW

Forterra has issued a solid trading update as full year guidance has been maintained. Compared to Ibstock, Forterra is having a much better year and there remains a credible medium-term roadmap to significantly higher earnings than current levels. However, a sustained pick-up in momentum continues to appear some time off, and we believe this delay will continue to weigh on the outlook for the equity.

Download full report with analyst certification and important disclosures

Nov 11 2025, 07:56 GMT

Download