Forterra (FORT)

Sector:

Construction and Building Materials

Index:

FTSE Small Cap

162.60p
   
  • Change Today:
      2.60p
  • 52 Week High: 194.80
  • 52 Week Low: 123.80
  • Currency: UK Pounds
  • Shares Issued: 212.95m
  • Volume: 210,441
  • Market Cap: £346.26m
  • RiskGrade: 199

Forterra to fire up kiln this week as house builders resume work

By Frank Prenesti

Date: Tuesday 28 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Brick maker Forterra said it would fire up one of its kilns this week and restart production for the first time since the government lockdown imposed last month to battle the coronavirus pandemic.
The decision was taken as house manufacturers announced a phased re-opening of building sites and builders' merchants resume trading.

Forterra said it would also restart production of hollowcore concrete flooring.

The company had been allowed to keep making small volumes of precast concrete products to support essential public sector projects and had been delivering bricks and blocks from inventory.

"The group expects to recommence production at two further facilities in May although due to existing inventory levels, it is currently anticipated that the majority of Forterra facilities will not resume manufacturing before the summer," the company said on Tuesday.

"Should demand increase at a faster rate than expected the group retains full flexibility to reopen facilities sooner."

Last week, Taylor Wimpey, Vistry and Persimmon said they were all restarting jobs in the coming days and weeks.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Forterra Market Data

Currency UK Pounds
Share Price 162.60p
Change Today 2.60p
% Change 1.63 %
52 Week High 194.80
52 Week Low 123.80
Volume 210,441
Shares Issued 212.95m
Market Cap £346.26m
RiskGrade 199

Forterra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.71% below the market average2.71% below the market average2.71% below the market average2.71% below the market average2.71% below the market average
70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average
Price Trend
0.8% below the market average0.8% below the market average0.8% below the market average0.8% below the market average0.8% below the market average
36.59% below the sector average36.59% below the sector average36.59% below the sector average36.59% below the sector average36.59% below the sector average
Income
21.90% above the market average21.90% above the market average21.90% above the market average21.90% above the market average21.90% above the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average
Growth
96.17% below the market average96.17% below the market average96.17% below the market average96.17% below the market average96.17% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 6
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Forterra Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jun-24 21-Sep-23
Paid 05-Jul-24 13-Oct-23
Amount 2.00p 2.40p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 81,295 @ 162.60p
16:35 159 @ 162.60p
16:35 804 @ 162.60p
16:35 749 @ 162.60p
16:35 56 @ 162.60p

Forterra Key Personnel

CFO Ben Guyatt
CEO Neil Ash

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