Forterra Reports 22% Revenue Growth Driven by Housebuilding Demand
By
Fiona Craig
PUBLISHED:
20 May 2025 @ 09:02
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Forterra plc (LSE:FORT) has announced a strong start to FY2025 with revenue rising 22% year-on-year over the first four months, supported by robust division performances and increased activity in the housebuilding sector. While the company remains cautious in its full-year guidance, there is potential for upward revisions should the current growth momentum persist.
The company’s outlook benefits from recent positive corporate developments and stable technical signals. Strategic initiatives alongside enhanced cash flow generation underpin confidence in Forterra’s prospects, despite ongoing challenges related to profitability and leverage. Valuation metrics remain balanced, featuring a reasonable price-to-earnings ratio and dividend yield. The absence of recent earnings calls limits a more detailed evaluation at this stage.
About Forterra
Forterra plc is the UK’s second-largest manufacturer of bricks and construction materials, primarily serving the housebuilding industry. The company focuses on supplying essential building products to support the growing housing market.
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