Forterra
FORT · Main Market · Construction and Materials · mcap £298m · 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.
| Target | Promise | Said | Status |
|---|---|---|---|
| 2024 | |||
| 2024 | Deliver annualised fixed cost savings in excess of £20m, with the balance realised in 2024 | 24 Jan 2024 | … In progress |
|
Also stated 26 Mar 2024
Status so far
Not yet due. |
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| 2025 | |||
| 31 Dec 2025 | Resume production at Wilnecote, with first bricks before end of 2025 | 11 Nov 2024 | … In progress |
|
Also stated 11 Nov 2025
Result
Not yet due. |
|||
| 31 Dec 2025 | Operate both Desford kilns simultaneously from Q4 2025 | 20 May 2025 | … In progress |
|
Also stated 29 Jul 2025
Result
Not yet due. |
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| 31 Dec 2025 | Launch initial range of 14 brick slips from Accrington in H2 2025 | 20 May 2025 | … In progress |
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Also stated 29 Jul 2025 · 11 Nov 2025
Result
Not yet due. |
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| Today · 11 Oct 2026 | |||
| 2026 | |||
| 31 Dec 2026 | Complete £20m share buyback by 31 December 2026 | 11 Mar 2026 | … In progress |
|
Also stated 16 Mar 2026
Status so far
Not yet due. |
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