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Forterra PLC (FORT.L)

FORT.L on London Stock Exchange

217.00GBp
14 Dec 2018
Change (% chg)

-3.00 (-1.36%)
Prev Close
220.00
Open
217.00
Day's High
218.00
Day's Low
217.00
Volume
76,559
Avg. Vol
904,723
52-wk High
339.50
52-wk Low
210.00

Latest Key Developments (Source: Significant Developments)

Forterra Sees 2018 Profit To Be Lower Than Previous Expectations
Thursday, 1 Nov 2018 03:00am EDT 

Nov 1 (Reuters) - Forterra PLC ::PROVIDES THIS TRADING UPDATE COVERING PERIOD FROM 1 JULY TO 31 OCTOBER 2018.FOLLOWING OVERHEATING OF KILN AT DESFORD BRICK MANUFACTURING FACILITY, HAS BECOME NECESSARY TO SHUT KILN FOR REPAIR FOR ABOUT SIX WEEKS.IMPACT ON CURRENT YEAR OPERATING PROFIT OF LOST PRODUCTION AND SALES AND COST OF REPAIR ESTIMATED TO BE BETWEEN £2 MILLION TO £3 MILLION.NOW ANTICIPATES THAT PROFITS FOR 2018 WILL BE MARGINALLY BELOW ITS PREVIOUS EXPECTATIONS.  Full Article

Justin Atkinson To Replace Paul Lester As Forterra Chairman
Wednesday, 5 Sep 2018 02:01am EDT 

Sept 5 (Reuters) - Forterra PLC ::PAUL LESTER HAS ADVISED BOARD THAT HE INTENDS TO RETIRE AS CHAIRMAN.PAUL WILL BE SUCCEEDED AS CHAIRMAN BY JUSTIN ATKINSON.PROCESS TO APPOINT A FURTHER INDEPENDENT NON-EXECUTIVE DIRECTOR WILL NOW BEGIN.  Full Article

Forterra FY Pretax Profit 59.3 Mln Stg Vs 37.1​ Mln Stg
Wednesday, 14 Mar 2018 03:06am EDT 

March 14 (Reuters) - Forterra Plc ::FORTERRA PLC - ‍FY PRO FORMA REVENUE 331.0 MILLION POUNDS VERSUS 294.5​ MILLION POUNDS.FORTERRA PLC - ‍FY PROFIT BEFORE TAX 59.3 MILLION POUNDS VERSUS 37.1​ MILLION POUNDS.FORTERRA PLC - ‍TOTAL FY DIVIDEND PROPOSED OF 9.5 PENCE PER SHARE, AN INCREASE OF 10.5% OVER ANNUALISED TOTAL FOR 2016​.  Full Article

Forterra says HY revenue 162.7 mln pounds vs 146 mln pounds
Tuesday, 1 Aug 2017 02:00am EDT 

Aug 1 (Reuters) - Forterra PLC :hy revenue 162.7 million pounds versus 146.0 million pounds.EBITDA before exceptionals of £38.7 million for the six months ended 30 june 2017 was £0.4mln ahead of the comparative for 2016..  Full Article

Forterra agrees to buy trade and assets of Bison Manufacturing
Friday, 28 Jul 2017 02:00am EDT 

July 28 (Reuters) - FORTERRA PLC ::SAYS ‍ENTERED INTO AGREEMENT TO ACQUIRE TRADE AND ASSETS OF BISON MANUFACTURING FROM LAING O'ROURKE PLC FOR £20 MILLION​.SAYS ‍ACQUISITION WILL BE FUNDED FROM GROUP'S EXISTING CASH BALANCES AND IS EXPECTED TO COMPLETE IN Q3 2017​.  Full Article

LSF9 Concrete II to place 70 mln Forterra shares- bookrunner
Thursday, 20 Apr 2017 11:59am EDT 

April 20 (Reuters) - Bookrunner::Forterra plc : Bookrunner says lsf9 concrete ii ltd intends to sell approximately 70 million ordinary shares in company of one penny each.Forterra plc : Bookrunner says placing shares represent approximately 35% of company's issued share capital and about 66% of seller's current holding.Forterra plc : Bookrunner says placing shares are being offered by way of an accelerated bookbuild.Forterra plc : Bookrunner says numis securities limited and Peel Hunt llp are acting as joint bookrunners.  Full Article

Forterra shareholder to place 10 pct stake in firm -bookrunner
Friday, 13 Jan 2017 11:27am EST 

Bookrunner: Placing of shares in Forterra Plc . LSF9 Concrete II Ltd, has agreed to sell approximately 20 million ordinary shares in company . Placing via an accelerated bookbuild through Peel Hunt and Numis Securities Ltd . Placing shares represent approximately 10 pct of company's issued share capital . Proceeds of placing are payable in cash and will be settled on a T+5 basis, and closing of placing is expected to occur on or about Jan. 13, 2017 .Forterra will not receive any proceeds from placing.  Full Article