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Ibstock slashes profit guidance as brick market downturn deepens

By Benjamin Chiou

Date: Monday 02 Nov 2026

(Sharecast News) - Building products manufacturer Ibstock has downgraded full-year earnings expectations following a sharp deterioration in the UK brick market, warning that second-half profits will be materially below previous forecasts.
Ibstock now expects adjusted EBITDA for 2026 to be in the mid-£40m range, reflecting weaker demand, reduced production and the...

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