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Ibstock shares gain on outlook for sector despite profits, sales slump

Published by Frank Prenesti on 7th August 2024

(Sharecast News) - Brick maker and building supplies company Ibstock reported a slump in first-half profits and sales as Britain's soggy summer hit the construction industry but sounded a note of cautious optimism around medium-term prospects under the new Labour government's plans to accelerate house building, sending shares in the company higher.

URL: http://www.digitallook.com/dl/news/story/34477118/...

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