Ian Pollard – Ibstock Warns As Production Falls

Ibstock plc IBST updates that demand in the UK brick markets is robust and factories have been producing at, or close to, full capacity for an extended period. Adjusted EBITDA for the six months to the 30th June  is expected to be about £58m  which reflects the impact of bad weather at the start of […]

Midcap Bonanza among FTSE250 stocks

After the Brexit inspired sell-off, thanks to rising earnings, the FTSE 250 index has recovered sharply to hit record highs and post gains significantly in excess of the benchmark FTSE 100. At the time of the referendum, the slide in sterling was expected to be a disaster for UK plc, especially for those companies without […]

Countryside Props. Profit Up 40% After Swingeing Price Rises

Countryside Props. CSP  produced strong growth in the year to the end of September which is not surprising with completions up 20% on top of which it managed to impose a swingeing 21% rise in average private selling prices, to £465.000. Adjusted operating profit rose by 40%. Current trading is robust with sales rates and […]