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Ibstock Plc

Current Price 146.40p Bid 143.40p Ask 149.40p Change -2.14%
Last Updated: 20/04/2024 05:59. Prices delayed by at least 15 minutes.
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Company Overview

Ibstock Plc is a brick making business. The company was founded in 1899 at Ibstock in Leicestershire as a coal mining business and bought Redland's brick manufacturing business in 1996. A majority stake in the business was acquired by CRH in 1998 with the balance of the shares being bought by CRH in October 2011. The business was then acquired by Bain Capital as part of a management buyout in February 2015. It was the subject of an initial public offering in October 2015.

Financial Highlights Year Ended 31/12/2023

Revenue
£405.84m
Operating Profit/Loss
£35.03m
Dividend yield (%)
4.60
Total dividend for year
n/ap
Dividend cover
1.97
P/E Ratio
11.00

Key Personnel

Mr Jonathan C Nicholls
Chairman
Mr Joe Hudson
Chief Executive Officer
Mr Chris McLeish
Chief Financial Officer
Mr Claire Hawkings
Independent Non-Executive Director
Mr Justin Read
Independent Non-Executive Director
Mr Louis Eperjesi
Independent Non-Executive Director
Mr Peju Adebajo
Independent Non-Executive Director
Ms Nicola Bruce
Independent Non-Executive Director

Stock Details

EPIC
IBSTL
ISIN
GB00BYXJC278
Shares in Issue
405.55m
Market cap
£593.72m

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
146.40p
Bid Price
143.40p
Ask Price
149.40p
Volume
153,289
Change Today
-3.20p
% Change Today
-2.14%
Open
147.40p
Previous Close
146.40p
Intraday High
148.20p
Intraday Low
145.60p
52 Week High
175.40p
52 Week Low
120.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
405.84
512.89
Operating Profit/Loss
35.03
107.43
Net Interest
-4.96
-2.66
Pre-Tax Profit
30.07
104.76
Profit After Tax from continuing operations
21.06
86.88
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
21.06
86.88
Attributable to:
Equity Holders of Parent Company
21.06
86.91
Minority Interests
n/a
-0.03
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
5.40p
21.60p
Diluted
5.30p
21.50p
Adjusted
13.80p
22.70p
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
480.23
440.57
Intangible Assets
82.02
90.24
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
0.12
Other Non-Current Assets
9.83
15.19
Current Assets
Inventories
119.19
94.28
Trade & Other Receivables
37.92
65.93
Cash at Bank & In Hand
23.87
54.28
Current Asset Investments
n/a
n/a
Other Current Assets
1.17
2.17
Other Assets
n/a
n/a
Total Assets
754.23
762.78

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
34.79
8.13
Other Current Liabilities
86.55
121.62
Total Current Liabilities
121.34
129.74
Non-Current Liabilities
Borrowings
133.53
125.18
Provisions
99.49
91.65
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
233.02
216.83
Other Liabilities
n/a
n/a
Total Liabilities
354.36
346.57

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
399.87
416.21

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
4.10
4.10
Share Premium Account
4.46
4.46
Other Reserves
790.97
807.89
Retained Earnings
-399.66
-400.29
Shareholders Funds
399.87
416.16
Minority Interests/Other Equity
n/a
0.05
Total Equity
399.87
416.21

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
09 May 2024
31 May 2024
3.60p
Interim
24 Aug 2023
15 Sep 2023
3.40p
Final
20 Apr 2023
12 May 2023
5.50p
Interim
18 Aug 2022
13 Sep 2022
3.30p
Final
14 Apr 2022
13 May 2022
5.00p
Interim
12 Aug 2021
17 Sep 2021
2.50p
Final
15 Apr 2021
14 May 2021
1.60p
Interim
15 Aug 2019
20 Sep 2019
3.20p
Interim
15 Aug 2019
20 Sep 2019
3.20p
Final
09 May 2019
07 Jun 2019
6.50p
Interim
16 Aug 2018
21 Sep 2018
3.00p
Interim
16 Aug 2018
21 Sep 2018
3.00p
Final
10 May 2018
08 Jun 2018
6.50p
Interim
17 Aug 2017
22 Sep 2017
2.60p
Final
11 May 2017
09 Jun 2017
5.30p
Interim
18 Aug 2016
23 Sep 2016
2.40p
Final
05 May 2016
03 Jun 2016
4.40p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
-20.45%
17.33%
Dividend yield
4.60%
5.70%
Dividend cover
1.97
2.58


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