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Forterra

FORT · Main Market · Construction and Materials · mcap £290m · 145.2p

Forterra makes bricks, concrete blocks, precast concrete and related products, mainly for UK housebuilders and the repair and improvement market. It runs factories such as Desford and Wilnecote.

Recent signals

Positive 28 Sep 2026

Chair, CEO and three NEDs bought shares after the price fell to 130-160p

Open-market purchases by the Chair, CEO and NEDs in Oct 2025 and June-Sept 2026 came after the share price weakened. 28 Sep 2026 22 Sep 2026 15 Jun 2026 23 Oct 2025

Negative 28 Jul 2026

Revenue down 11% in four months to April 2026 and 13.5% in H1 2026

Trading turned negative after 2025 growth. Guidance is now 'in line with consensus' versus 'slightly ahead' of 2025 in March; the remuneration policy got 61% support. 28 Jul 2026 19 May 2026

Mixed 28 Jul 2026

CFO departure after 20 years, successor appointed

Long-serving CFO leaves on 31 October 2026 amid weaker trading and an ongoing buyback. 28 Jul 2026 11 Jun 2026

Positive 24 Jun 2026

Cobas rose from 3.8% to 13.1%; Perpetual to 10.0%; other funds building 5% stakes

Several institutions built or increased holdings between Oct 2025 and Jun 2026 while the share price fell from about 185p to 135p. 24 Jun 2026 9 Jun 2026 24 Nov 2025 24 Oct 2025 14 Oct 2025

Positive 16 Mar 2026

£20m buyback announced as leverage fell to about 1x

The Board began returning surplus capital, with intent to continue beyond 2026 and a dividend cover target of c.2x. 16 Mar 2026 11 Mar 2026

Capital actions
  • 2026-03-16 buyback programme · £20.0m – Share buyback in two £10m tranches, first starting immediately, ending no later than 31 December 2026; max 21,280,338 shares. 16 Mar 2026

From the company's own announcements · not investment advice

Company filings. Not investment advice.

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