Ibstock H1 revenues grow, reiterates FY guidance

(Sharecast News) - Building products manufacturer Ibstock said on Tuesday that revenues had grown in the six months ended 30 June. Ibstock expects to report H1 revenues of roughly £193.0m, up approximately £15.0m year-on-year, while net debt at 30 June was approximately £145.0m, versus £122.0m at the start of the year, reflecting planned investment in working capital.

The FTSE 250-listed firm also noted that it expects FY25 adjusted underlying earnings to be in the range of £77.0m to £82.0m.

Ibstock expects to publish its interim results on 6 August.

As of 0945 BST, Ibstock shares were down 1.18% at 150.40p.





Reporting by Iain Gilbert at Sharecast.com