Industrials

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Berkeley Group

Guidance reaffirmed for FY25 and FY26

Berkeley has reaffirmed earnings guidance to deliver ‘at least’ £975m of pre-tax profit across FY25 and FY26. Enquiries are at a ‘consistently good’ level, while the sales rates...

Kingspan Group

Short-term results benefiting from long-term thinking

Kingspan is well set up to deliver another year of progress in 2025. The stock has responded positively to recent results, which pointed to good momentum entering the year. As ever...

Volution

Good earnings upside following impressive interim results

Once again Volution has announced an impressive set of results. The results, which cover the six months to end-January, indicate that the group continues to increase earnings while...

Glenveagh Properties

Confident in another year of high growth

After a year of exceptional profit growth in 2024, the business has significant visibility to deliver a further double-digit growth in EPS in 2025. Glenveagh is not just well positioned in...

Mincon Group

Model update

Our FY25 EBITDA forecasts are unchanged following today’s update to our model. The business is well placed for what, at the moment, is a sustained recovery in its markets, and the...

Hill & Smith

Strong FY2024 results

Hill & Smith has reported FY2024 results that reflect strong growth that is ahead of consensus forecasts, driven by its performance in the US. Under its new CEO, the company is...

Forterra plc

Reasons to be cautiously optimistic

Formal results confirm that while 2024 was another tough year for Forterra, it was nonetheless encouraging that the group’s performance stabilised in the second half. Headline results...

Persimmon plc

FY24 ahead of expectations; FY25 in line

FY24 operating profit is c.4% ahead of guidance provided in January. Sales rate have shown only modest improvement since the start of the year, but FY25 guidance is in line with market...

Genuit Group

H2 2024 stability provides a more positive platform for 2025

Genuit struggled to make progress in 2024 despite the continuing impact of self-help actions that enabled the group’s trading margin to expand for a second successive year. While it is...

Travis Perkins plc

CEO announcement

Travis Perkins (TPK) has immediately begun the search for a new Chief Executive Officer (CEO) after Pete Redfern resigned due to ill health. The group will announce results for 2024...