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Forterra PLC
Previous close
GBX 155.20
Day range
GBX 152.00 - GBX 159.80
Year range
GBX 146.40 - GBX 200.50
Market cap
323.46M GBP
Avg Volume
537.12K
P/E ratio
40.08
Dividend yield
1.97%
Primary exchange
LON
Market news
Financials
Income Statement
Revenue
Net income
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 81.05M | -11.52% |
Operating expense | 19.15M | -3.04% |
Net income | 4.50M | -34.78% |
Net profit margin | 5.55 | -26.29% |
Earnings per share | — | — |
EBITDA | 14.00M | -6.67% |
Effective tax rate | 29.69% | — |
Balance Sheet
Total assets
Total liabilities
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 11.40M | -31.74% |
Total assets | 455.20M | 4.48% |
Total liabilities | 237.50M | 5.93% |
Total equity | 217.70M | — |
Shares outstanding | 210.10M | — |
Price to book | 1.49 | — |
Return on assets | 4.86% | — |
Return on capital | 6.27% | — |
Cash Flow
Net change in cash
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 4.50M | -34.78% |
Cash from operations | 50.00K | 100.42% |
Cash from investing | -4.75M | 37.91% |
Cash from financing | 2.40M | -77.88% |
Net change in cash | -2.30M | 73.86% |
Free cash flow | 4.76M | 41.90% |
About
Forterra is a manufacturer of building products for the United Kingdom's construction industry. It is listed on the London Stock Exchange.
Forterra was originally founded as the building products division division of Hanson Plc. Early expansion was driven by a series of acquisitions, such as of The Butterley Company, London Brick, and Marshalls Clay Products. Hanson's acquisition by the German building materials company HeidelbergCement in 2007 included the division; during 2015, HeibelbergCement divested Hanson Building Products along with Hanson’s North American building products business, selling it to the American private equity firm Lone Star Funds. Shortly thereafter, the Forterra name was adopted and the firm was first listed on the London Stock Exchange in April 2016.
Forterra's activities have been heavily influenced by the performance of the wider construction industry, particularly the housebuilders. In 2016, the firm was considering mothballing two of its nine UK-based plants in response to diminished demand. It bought the Derbyshire-based concrete company Bison Manufacturing from the construction firm Laing O'Rourke during 2017. Wikipedia
CEO
Founded
2016
Website
Employees
1,787