Ibstock plc

Model update

  • Sectors : Building products
  • Companies : Ibstock plc

Ratings and price correct at time of issue.

  • Ibstock plc

    Closing Price: 136p

  • RATING 30/06/25

  • PREVIOUS RATING 02/07/24

    OUTPERFORM

DAVY VIEW

Our revised Ibstock forecasts reflect what is likely to be another difficult year for the group. We now forecast that adjusted EBITDA for this year will be only modestly higher than the expected outcome for last year. The group’s continuing struggles capture the downside of an inherently high fixed cost operating model. Leverage, of course, works both ways and Ibstock should be well placed when volumes finally recover.

Download full report with analyst certification and important disclosures

Jan 20 2026, 10:39 GMT

Download