Industry News HubBrick manufacturer Forterra has cut its annual profit forecast after a further fall in demand, as the slowdown in housebuilding continues to hit companies supplying the construction industry. The Northampton-based company now expects adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of around £50m…
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Brick manufacturer Forterra has cut its annual profit forecast after a further fall in demand, as the slowdown in housebuilding continues to hit companies supplying the construction industry. The Northampton-based company now expects adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of around £50m…
The post Forterra cuts profit forecast as brick deliveries fall 11% appeared first on Construction News.