Sep 16 2026
Industrials
Recent Research
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Barratt Redrow plc
Planning delays cause FY 2027 completions downgrade
Barratt Redrow lowered completion guidance for FY 2027, citing planning delays and, as a result, a lower level of average selling outlets expected throughout the year. The midpoint of...
Persimmon plc
Heading north: upgrading to ‘Outperform’
Persimmon will continue to achieve higher underlying house price growth than its peers, largely due to its geographic tilt away from London and towards the North of England and the...
Berkeley Group
Lowering PBT expectations for FY 2027
The company now expects £1.4bn of profit before tax (PBT) to be spread broadly evenly across the four years FY 2027 to FY 2030. When the £1.4bn PBT target was announced in April,...
Glenveagh Properties
Additional €50m buyback announced along with increased FY26 guidance
In what will be a H2-weighted year, as expected Glenveagh is very well set up to deliver strong volumes in the second half. A strong WIP position (€505m, up 46% year-on-year) along with...
SigmaRoc plc
Well set up for H2; another acquisition announced
With SigmaRoc’s (SRC) H1 performance largely understood, the acquisition of AB Dolomitas is the key takeaway this morning. The deal further strengthens SRC’s Baltic platform, adding a...
Kingspan Group
Raises €850m from Green Public Bond
Kingspan has successfully completed a debut green bond sale. It has raised €850m from a two-part, 4-year and 7-year note at a fixed average coupon of 4.1% per annum. The bond was...
Grafton Group
Progress in H1 and full year guidance unchanged
Grafton has announced a solid set of interim results, and with guidance unchanged the group remains on track to increase profits this year. This will be helped by the two important...
Cairn Homes
FY26 guidance increased and €50m buyback announced
A strong period of operational and financial performance has been confirmed by Cairn Homes this morning. Growth of 75% in operating profit, along with a strong performance in the...
Kingspan Group
Seeing is believing; upgrading 2027 earnings forecast by over 25%
Kingspan has stepped confidently into a new and exciting growth phase. Interim results were enthusiastically received: full year guidance was raised with mid-teen profit growth flagged...
Kingspan Group
Expands Latin America presence with entry into Argentina
Deals like BMC naturally attract considerable attention but this has not detracted Kingspan from a core objective and strategy of expanding its global leadership in insulated panels....
