Ibstock plc - H1 results as flagged with no change to headline full year numbers expected

Davy Research
/Read Important Disclosures

As expected, there is little by way of meaningful new information in Ibstock’s interim results. Headline forecast changes will be minimal. The group has a short-term headwind with the disruption from the increase in maintenance investment in its UK brick operations. This is already reflected in estimates. Beyond that, we believe the prospects for the market leader in an attractive category remain promising.