Ibstock plc

Guiding a lower full year adjusted EBITDA result

  • Sectors : Building products
  • Companies : Ibstock plc

Ratings and price correct at time of issue.

  • Ibstock plc

    Closing Price: 97.8p

  • RATING 30/06/25

  • PREVIOUS RATING 02/07/24

    OUTPERFORM

Person's Name

Flor O'Donoghue

Analyst

DAVY VIEW

Ibstock has reported a 28% year-on-year decline in H1 adjusted EBITDA and has also announced a £25m non-cash impairment charge related to its soft mud facilities. Updated guidance is for full year adjusted EBITDA towards the lower end of current market expectations. This suggests a likely cut of circa 8% to the current consensus adjusted EBITDA forecast. This continues the trend of downward forecast revisions and weighs on the investment case.

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Aug 5 2026, 08:07 IST/BST

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