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Forterra Reports Stable 2024 Performance and Strategic Growth Initiatives
Company Announcements

Forterra Reports Stable 2024 Performance and Strategic Growth Initiatives

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Invest with Confidence:

The latest announcement is out from Forterra ( (GB:FORT) ).

Forterra plc reported its full-year 2024 trading update, indicating stable revenue and adjusted EBITDA in line with previous guidance. The company achieved strong operating cash generation and reduced net debt, signaling improved financial health. Despite macro-economic uncertainties, Forterra remains optimistic about market recovery and has strategically invested in increasing its brick manufacturing capacity, positioning itself well for future growth.

More about Forterra

Forterra plc is a leading UK manufacturer specializing in essential clay and concrete building products. The company focuses on producing a range of building materials crucial for the construction industry.

YTD Price Performance: 0.0%

Average Trading Volume: 494,739

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £343.3M

Learn more about FORT stock on TipRanks’ Stock Analysis page.

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