Updates

Forterra

January 2026

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

With other companies warning of a pre-budget autumn slow-down, it was reassuring that brick manufacturer Forterra stated trading remains in line with expectations. Year to date revenue rose 16% to £336m with new build housing demand remaining stronger than the depressed RMI market. H2 dispatches and revenue are expected to be at similar levels to H1 and while demand has moderated, Forterra is benefiting from a mix effect due to its greater exposure to wire cut bricks (higher margin) over soft mud. The group’s own brick market share continues to recover to longer term norms. Forterra continues to actively manage its production capacity with production ramp-up at the Desford plant continuing as planned, with both kilns now ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

4Imprint

Hill & Smith - Shares back over £22

Forterra (July 2025)

Forterra - Brick manufacturer with huge upside potential from falling interest rates (June 2025)

Forterra (April 2023)

Forterra (January 2023)

Forterra (September 2022)

Forterra (April 2022)

Forterra (March 2022)

Forterra - Management upgrade expectations (October 2021)

Forterra (July 2021)

Forterra - Brick manufacturer benefiting from buoyant house builder order books (April 2021)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X