Ibstock Q1 sales fall short amid 'challenging' trading conditions
25th Apr 2024 07:47
(Sharecast News) - Building products manufacturer Ibstock said on Thursday that sales volumes in the first quarter were lower than expected as activity in residential markets remained subdued.
Read moreLondon close: Stocks finish higher after Hunt's Spring Budget
6th Mar 2024 15:02
(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.
Read moreIbstock FY revenue and profits slide
6th Mar 2024 08:09
(Sharecast News) - Brick maker Ibstock revealed on Wednesday that revenue and profits had fallen in 2023 amid "difficult market conditions".
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreIbstock sees FY in line despite 21% revenue fall
17th Jan 2024 07:04
(Sharecast News) - Building products supplier Ibstock said it was permanently closing one of its brick factories and cut jobs amid falling demand as the housing market contracted, although it remained confident in its medium-term prospects, with fourth-quarter trading in line with expectations,
Read moreDeutsche Bank lowers target price on Ibstock
26th Oct 2023 11:41
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170.0p to 150.0p on Thursday following the publication of the group's third-quarter trading update.
Read moreLondon close: Stocks end choppy session mixed
25th Oct 2023 15:11
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.
Read moreIbstock holds guidance despite lower brick demand in Q3
25th Oct 2023 07:33
(Sharecast News) - Brick and building materials maker Ibstock maintained annual guidance despite lower volumes as higher prices and cost controls offset weaker demand in the housebuilding market.
Read moreDirector dealings: Whitbread non-exec invests, Ibstock CFO covers tax bill
15th Aug 2023 12:40
(Sharecast News) - Premier Inn owner Whitbread was among those disclosing director buys on Tuesday, after an independent non-executive director made a purchase.
Read moreIbstock profits fall as housing market cools
2nd Aug 2023 07:21
(Sharecast News) - Building materials supplier Ibstock reported a fall in first-half earnings as the housing market cooled due to higher mortgage costs.
Read moreIbstock Q1 EBITDA 'marginally ahead' despite subdued demand environment
27th Apr 2023 08:18
(Sharecast News) - Ibstock said on Thursday that first-quarter EBITDA was marginally ahead of its expectations despite a "subdued" demand environment in both the residential new build and repair, maintenance and improvement (RMI) markets.
Read moreIbstock FY revenue and earnings surge
8th Mar 2023 08:08
(Sharecast News) - Brick maker Ibstock said on Wednesday that full-year revenue and profits had both surged in 2022 thanks to a "strong trading performance".
Read moreIbstock FY revenues grow, cautious of demand levels in 2023
18th Jan 2023 08:07
(Sharecast News) - Building materials company Ibstock said on Wednesday that full-year revenues had grown but cautioned that inflation and ongoing market uncertainty would likely weigh on demand in 2023.
Read moreIbstock trades ahead of expectations in Q3
18th Oct 2022 09:06
(Sharecast News) - Brick and concrete products manufacturer Ibstock said on Tuesday that trading had been ahead of internal expectations in the third quarter, with "robust demand patterns" and a "strong" operational performance.
Read moreIbstock to buy back up to £30m of shares
10th May 2022 08:25
(Sharecast News) - Brickmaker Ibstock announced a share buyback programme of up to £30m on Tuesday, in a bid to reduce its share capital and return value to shareholders, in line with its capital allocation policy.
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