Company
Ibstock PLC
LON:IBST
We are a major manufacturer of clay and concrete building products. Our aim is to continue to extend our leadership in the building products industry by being our customers' partner of choice through providing consistent high quality, reliable and innovative products. These products when taken together with our strong focus on the customer has been a core driver in increasing and sustaining our market leadership positions. As a leading supplier of masonry cladding, roofing, utility and landscaping products we see opportunities to invest in new capacity, penetrate our markets further through innovative products and expand our existing product portfolios through either organic investment or opportune acquisitions.
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Builders and building materials
Ibstock sees full year above expectations after strong Q3 trading
"Our strong trading in the first half of the year continued through the third quarter, supported by robust demand across our end markets,” said the company's chief executive officer Joe Hudson
Builders and building materials
Ibstock’s interim results show “healthy improvement” for UK brick manufacturer
IBST shares respond positively to the strong results
Builders and building materials
Ibstock sets new targets as sales return to pre-pandemic levels
CEO Joe Hudson said the Leicestershire-based firm expects to generate "significant additional capital" over the next five years, supporting further growth investment and shareholder returns
Builders and building materials
Ibstock passes on higher costs as sales rise 29%
Trading had been robust in the new build housing and RMI sectors
Builders and building materials
Ibstock announces new carbon emission targets
The company says its 15% reduction of CO2 per tonne of production has already been achieved
Builders and building materials
Ibstock reports interim results close to pre-pandemic levels on robust UK housing demand
The company now expects adjusted EBITDA for 2021 to be "modestly ahead" of its previous expectations
Builders and building materials
Ibstock to treble brick capacity as housing demand soars
The existing mothballed facility at Atlas will be replaced with a new state-of-the-art wire cut clay brick factory
Builders and building materials
Ibstock says demand recovered quicker than it anticipated in 2020 as it resumes dividend payments
"Market demand recovered faster than our expectations as we progressed through 2020, and trading in the initial period of 2021 has started well," said chief executive Joe Hudson
Builders and building materials
Ibstock expects earnings to be a touch higher than guidance
The manufacturer of clay bricks and concrete products saw an improvement in trading in the final months of 2020
Archive
FTSE 100 closes in red as market buzz fades after Biden's inauguration
The UK index of leading shares closed down almost 25 points at 6,715 on what was a dull news day
Ibstock knocked to hold as Deutsche Bank lowers profit forecasts following trading update
The German bank also lowered its price target for the brick and concrete maker to 168p from 183p, saying the shares were now “up with events”
Builders and building materials
Ibstock sees demand recover in third quarter amid improved housebuilding activity
The brick and concrete maker said group volumes recovered to around 90% of last year’s levels in September and remained at the same level in October
Builders and building materials
Ibstock sales volumes bounce back but outlook remains uncertain
Clay sales volumes were around 80% of pre-coronavirus levels in July with concrete sales volumes at around 85%.