Forterra (GB:FORT) has released an update.
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Forterra plc maintains its full-year adjusted EBITDA expectations at £50m despite challenging trading conditions, as it reports a 5% revenue decrease year-to-date. The company highlights strategic investments in brick and concrete manufacturing facilities, aiming to capitalize on improved market dynamics and government policies promoting housing supply. With secured energy requirements and price adjustments for 2025, Forterra is poised for growth as market conditions improve.
For further insights into GB:FORT stock, check out TipRanks’ Stock Analysis page.