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May 19 2026, 08:02 IST/BST
Forterra plc
Update confirms challenging conditions
- Sectors : Building products
- Companies : Forterra plc
DAVY VIEW
It could be argued that a year-to-date share price decline of almost 20% has anticipated a downbeat update from Forterra. Revenues in the first four months of the year fell 11% year-on-year (yoy) on a like-for-like basis as trading conditions unsurprisingly remain challenging. The update confirms that the risk to full year expectations is to downside, with much depending on the H2 performance.
