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Forterra Plc

Current Price 157.20p Bid 154.60p Ask 158.00p Change -0.57%
Last Updated: 19/04/2024 04:07. Prices delayed by at least 15 minutes.
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Company Overview

Forterra plc was formerly Hanson's UK building products division, founded in the early 1960s. This business built up a significant UK presence through a number of acquisitions, including The Butterley Company Ltd in 1968, London Brick PLC in 1984, Marshalls Flooring in 2002, Marshalls Clay Products Ltd and Thermalite Ltd in 2005, Red Bank Manufacturing Company Ltd and Formpave Holdings Ltd in 2006, and Bison Precast in 2017.

Financial Highlights Year Ended 31/12/2023

Revenue
£346.40m
Operating Profit/Loss
£24.10m
Dividend yield (%)
2.50
Total dividend for year
n/ap
Dividend cover
2.59
P/E Ratio
15.50

Key Personnel

Mr Ben Guyatt
Chief Financial Officer
Mr Ashley Thompson
Company Secretary
Mr Neil Ash
Executive Director
Mr Martin Sutherland
Independent Non-Executive Director
Mr Vince Niblett
Independent Non-Executive Director
Ms Divya Seshamani
Independent Non-Executive Director
Mr Katherine Innes
Non-Executive Director
Mr Martin Sutherland
Non-Executive Director
Mrs Gina Jardine
Non-Executive Director
Mr Justin R Atkinson
Senior Independent Director

Stock Details

EPIC
FORTL
ISIN
GB00BYYW3C20
Shares in Issue
0.00m
Market cap
£0.00m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
157.20p
Bid Price
154.60p
Ask Price
158.00p
Volume
13,592
Change Today
-0.90p
% Change Today
-0.57%
Open
156.40p
Previous Close
157.20p
Intraday High
157.80p
Intraday Low
156.20p
52 Week High
194.80p
52 Week Low
125.80p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
346.40
455.50
Operating Profit/Loss
24.10
75.00
Net Interest
-7.00
-2.10
Pre-Tax Profit
17.10
72.90
Profit After Tax from continuing operations
12.80
58.80
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
12.80
58.80
Attributable to:
Equity Holders of Parent Company
12.80
58.80
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
6.20p
27.20p
Diluted
6.20p
26.80p
Adjusted
11.40p
26.40p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
273.80
251.80
Intangible Assets
19.20
23.60
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
5.00
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
95.80
43.00
Trade & Other Receivables
31.00
44.30
Cash at Bank & In Hand
16.00
34.30
Current Asset Investments
n/a
n/a
Other Current Assets
3.90
0.60
Other Assets
n/a
n/a
Total Assets
444.70
397.60

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
6.10
4.90
Other Current Liabilities
87.80
103.90
Total Current Liabilities
93.90
108.80
Non-Current Liabilities
Borrowings
127.30
53.30
Provisions
15.70
15.00
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
143.00
68.30
Other Liabilities
n/a
n/a
Total Liabilities
236.90
177.10

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
207.80
220.50

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
2.10
2.10
Share Premium Account
n/a
n/a
Other Reserves
-14.10
-15.00
Retained Earnings
219.80
233.40
Shareholders Funds
207.80
220.50
Minority Interests/Other Equity
n/a
n/a
Total Equity
207.80
220.50

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
13 Jun 2024
05 Jul 2024
2.00p
Interim
21 Sep 2023
13 Oct 2023
2.40p
Final
15 Jun 2023
07 Jul 2023
10.10p
Interim
22 Sep 2022
14 Oct 2022
4.60p
Final
16 Jun 2022
08 Jul 2022
6.70p
Interim
23 Sep 2021
15 Oct 2021
3.20p
Final
17 Jun 2021
09 Jul 2021
2.80p
Interim
19 Sep 2019
10 Oct 2019
4.00p
Final
13 Jun 2019
04 Jul 2019
7.20p
Interim
20 Sep 2018
11 Oct 2018
3.30p
Final
14 Jun 2018
05 Jul 2018
6.40p
Interim
21 Sep 2017
12 Oct 2017
3.10p
Final
15 Jun 2017
06 Jul 2017
3.80p
Interim
29 Sep 2016
19 Oct 2016
2.00p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
-70.07%
48.48%
Dividend yield
2.50%
7.90%
Dividend cover
2.59
1.80


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