Sign In
Last checked at 
21 May 2024 07:50
Guidance maintained amid early signs of uplift Today's AGM statement reaffirms Forterra's FY24E guidance despite a continuation of 'challenging' conditions, made worse by record rainfall. The group expects a greater H2 weighting than previously guided, but has seen improved demand for front-end housebuilding materials, including foundations products. This tallies with our belief that housebuilders have re-entered the land market and plan to increase production as early as Q2.
|
Click here for full analysis
Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement.
About Progressive:
Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.
www.progressive-research.com
Broad coverage
| Analyst calibre
| |||
across 12 sectors | ||||
| ||||
Business Services | Oil & Gas | 15 analysts | with average | 20 years |
Financials | Property | experience of | ||
Healthcare | Retail |
| ||
Industrials | Technology | 30+ |
| techMARK |
Investment Trusts | Telecoms | industry based | Extel | |
Mining | Utilities | awards | StarMine | |
For further information please contact:
+44 (0) 20 7781 5300
info@progressive-research.com
Follow the stocks
