Progressive publishes new research
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Forecasts maintained amid 'robust' trading
Leading UK brick and concrete products manufacturer Forterra has confirmed FY22E guidance in today's trading update, which highlighted 'robust' trading for the 10 months to 31 October. We have maintained our FY22E adjusted PBT at £69.1m. We believe that recent sales weakness highlighted by housebuilders could have only limited impact due to the ultra-low inventory levels in the UK brick industry. |
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About Progressive:
Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.
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Broad coverage
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Analyst calibre
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across 12 sectors |
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Business Services |
Oil & Gas |
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20
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Financials |
Property |
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Healthcare |
Retail |
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Industrials |
Technology |
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techMARK |
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Investment Trusts |
Telecoms |
industry based |
Extel |
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Mining |
Utilities |
awards |
StarMine |
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