May 13 2026
Industrials
Recent Research
IMI plc, Trading update
May 12 2026
Grafton Group, Eighth share buyback completed
May 11 2026
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CRH
Aylwyn Bryan appointed CFO
The appointment of Aylwyn Bryan as Chief Financial Officer (CFO), succeeding Nancy Buese, further demonstrates strong internal leadership capabilities within the CRH Group. Bryan...
Buzzi Spa
FY26 guidance retained amidst uncertainties
Positive performances in the US and Brazil have more than compensated for a poor Q1 in Europe, which saw unfavourable weather conditions. FY26 expectations are unchanged, although...
Vistry Group
Profits to be significantly H2 weighted; focus on net cash
Vistry’s updated guidance implies adjusted profit before tax to be 16% lower than it was in FY 2025, with this being significantly H2 weighted. The company continues to focus on cash...
Marshalls
Solid start with full year expectations unchanged
Marshalls’ primary ambition for 2026 is to improve execution through a flatter operating structure with priorities refined, including a more agile approach and faster decision making....
IMI plc
Trading update
IMI’s trading update, ahead of its AGM later today, has reconfirmed full year EPS guidance of 136-142p. We will be leaving our forecasts unchanged. The company had a positive Q1, with 5%...
Grafton Group
Eighth share buyback completed
Grafton has completed its eighth share buyback programme since 2022. This has been facilitated by Grafton’s exceptional financial position and consistently impressive free cash flow...
Heidelberg Materials
FY26 guidance reiterated
Despite a challenging Q1, particularly in Europe where bad weather had led to a slow start, the business has been able to reiterate FY guidance for €3.40-3.75bn in RCO (EBIT). Cost...
Smurfit Westrock
Stormy Q1, FY guidance intact
Adjusted EBITDA for Smurfit Westrock came in slightly below company guidance in Q1, although FY guidance was reiterated. Harsh weather in North America that disrupted shipments was...
CRH
Strong Q1 results see company reiterate FY26 guidance
CRH’s Q1 adjusted EBITDA is c.7% ahead of our forecasts after a strong start, aided by good early-season project activity. The company is seeing positive momentum across its...
Weir Group plc
Q1 trading statement
Weir Group has reported a trading statement for Q1 2026 ahead of its AGM. The company has reiterated full year guidance. Orders were down 3% on an organic basis in Q1, but...