Professional
Added to YB: 2024-10-21
Pitch date: 2024-10-16
IBST.L [bullish]
Ibstock plc
-28.83%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom.
Market Cap
GBP 560.4M
Pitch Price
GBP 1.87
Price Target
N/A
Dividend
2.82%
EV/EBITDA
9.73
P/E
47.36
EV/Sales
1.93
Sector
Construction Materials
Category
N/A
Show full summary:
Palm Harbour Capital Portfolio Holding: Ibstock plc
IBST.L: UK brick maker +23.1% on Labour win, promising housing push. H1 sales -20%, EBITDA -40% due to weak demand. Capex nearing end; poised for FCF surge if demand rises. Oct budget key for outlook. Lower rates could boost sector. Disciplined pricing amid weak market.
Read full article (1 min)