View ValuationForterra 향후 성장Future 기준 점검 2/6Forterra (는) 각각 연간 17% 및 3.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 17.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.9% 로 예상됩니다.핵심 정보17.0%이익 성장률17.39%EPS 성장률Basic Materials 이익 성장17.8%매출 성장률3.6%향후 자기자본이익률12.95%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트공시 • Nov 11Forterra plc Provides Earnings Guidance for the Second HalfForterra plc provided earnings guidance for the second half . For the period, company anticipated that revenues will be at similar levels to H1.공시 • Jul 12Forterra plc Announces Revenue Guidance for the Six-Month Period Ended 30 June 2023Forterra plc announced revenue guidance for the six-month period ended 30 June 2023. The company expects to report first half revenues of approximately £183 million, a decrease of 18% relative to the prior year (2022: £222.8 million).모든 업데이트 보기Recent updates공시 • May 21Forterra plc Approves Final Dividend for the Year Ended 31 December 2025Forterra plc at its Annual General Meeting held on May 19, 2026 approved to declare the final dividend of 4.3 pence per Ordinary Share for the year ended 31 December 2025.Declared Dividend • May 20Final dividend of UK£0.043 announcedShareholders will receive a dividend of UK£0.043. Ex-date: 11th June 2026 Payment date: 6th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 14Forterra plc Announces Appointment of Oliver Graham as an Independent Non-Executive Director, Effective 19 May 2026Forterra plc announced the appointment of Oliver Graham as an Independent Non-Executive Director of the Forterra Board with effect from the conclusion of the Annual General Meeting (AGM) on 19 May 2026. Oliver will also be appointed as a member of the Audit, Remuneration, Nomination and Sustainability Committees of the Board. Oliver is currently Chief Executive Officer of Ardagh Metal Packaging S.A. which has a market capitalisation of $2.48bn and operates 23 beverage can plants across Europe, North America and Brazil, serving leading beverage brands worldwide. Prior to his role at Ardagh, he was Group Commercial Director of Rexam which he joined in 2013 from Boston Consulting Group where he was Partner and Managing Director within the Consumer and Industrial Practices.공시 • Apr 09Forterra plc, Annual General Meeting, May 20, 2026Forterra plc, Annual General Meeting, May 20, 2026.공시 • Mar 16Forterra plc (LSE:FORT) announces an Equity Buyback for £20 million worth of its shares.Forterra plc (LSE:FORT) announces a share repurchase program. Under the program, the company will repurchase up to £20 million worth of its shares. The program will be valid till December 31, 2026.공시 • Mar 11+ 1 more updateForterra plc Announces Martin Sutherland to Retire as Independent Non-Executive DirectorForterra plc announced Independent Non-Executive Director, Martin Sutherland will be retiring from the Board at the upcoming AGM.공시 • Jan 07+ 1 more updateForterra plc to Report Fiscal Year 2025 Results on Mar 11, 2026Forterra plc announced that they will report fiscal year 2025 results on Mar 11, 2026공시 • Nov 11Forterra plc Provides Earnings Guidance for the Second HalfForterra plc provided earnings guidance for the second half . For the period, company anticipated that revenues will be at similar levels to H1.공시 • Jul 31Forterra plc Declares the Interim Dividend , Payable on October 10, 2025Forterra plc declared the interim dividend of 1.9 pence per share (2024: 1.0 pence). The interim dividend will be paid on 10 October 2025 to shareholders on the register at 19 September 2025.공시 • May 20Forterra plc Approves Final Dividend for the Year Ended 31 December 2024Forterra plc approved final dividend of 2.0 pence per Ordinary Share for the year ended 31 December 2024, at its AGM, held on 20 May 2025.공시 • Mar 12Forterra plc Proposes Final Dividend for the Year 2024, Payable on 4 July 2025The Board of Forterra plc proposing to distribute 40% of adjusted earnings for 2024 and accordingly is recommending a final dividend of 2.0 pence per share (2023: 2.0 pence) which, in addition to the interim dividend of 1.0 pence per share paid in October (2023: 2.4 pence), will bring the total dividend to 3.0 pence per share (2023: 4.4 pence). Subject to approval by shareholders, the final dividend will be paid on 4 July 2025 to shareholders on the register as at 13 June 2025.공시 • Mar 06Forterra plc Appoints Aysegul Sabanci as Independent Non-Executive Director, Effective 1 April 2025Forterra plc announced that Aysegul Sabanci will join the Board as an Independent Non-Executive Director with effect from 1 April 2025. She will also be appointed as a member of each of the Board's Committees. Aysegul has previously held executive roles primarily in commercial, procurement and supply chain management, most recently at ISG Ltd. as Group Head of Procurement and Supply Chain and prior to that as Group Procurement Manager at SPIE SA. She has held roles spanning every phase of construction. Aysegul has previous experience as a Non-Executive director, through her role on the Board of T Clarke plc and is currently a Non-Executive Director of Code for Construction Product Information.공시 • Feb 06Forterra plc, Annual General Meeting, May 20, 2025Forterra plc, Annual General Meeting, May 20, 2025.공시 • Feb 04Forterra plc Announces Executive ChangesForterra plc announced the appointment of Nigel Lingwood as Chair Designate effective from 1 April 2025. Pursuant to the Corporate Governance Code rules regarding independence, Justin Atkinson will step down as Chair and retire from the Board following the conclusion of the Company's Annual General Meeting (AGM) on 20 May 2025. Justin joined Forterra's Board as a non-executive Director in April 2016 and was appointed as Chair in May 2019. Nigel will succeed Justin as Chair following the conclusion of the Company's AGM. Nigel is an experienced FTSE 250 chair, and former Group Finance Director of Diploma PLC where he spent 19 years overseeing substantial business growth. He is currently Chair of Volution Group plc, a leading supplier of ventilation products to the new build and residential construction markets in the UK, Continental Europe and Australasia. Nigel is also Senior Independent Director at Dialight plc, a global leader in industrial LED lighting technology and solutions.공시 • Oct 30+ 1 more updateForterra plc to Report Fiscal Year 2024 Results on Mar 12, 2025Forterra plc announced that they will report fiscal year 2024 results on Mar 12, 2025Upcoming Dividend • Sep 12Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 11 October 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.5%).공시 • Sep 11+ 1 more updateForterra plc announced that it has received $75 million in funding from a group of investorsForterra plc announced a private placement for the gross proceeds of $75,000,000 in Series B round of funding led by new investors Moore Strategic Ventures, XYZ Venture Capital, and Hedosophia on September 10, 2024. The transaction also included participation from new investor Standard Investments and existing investors, including Enlightenment Capital, Crescent Cove Advisors, and Four More Capital.Declared Dividend • Aug 02First half dividend of UK£0.01 announcedShareholders will receive a dividend of UK£0.01. Ex-date: 19th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 180% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 02First half 2024 earnings released: EPS: UK£0.043 (vs UK£0.067 in 1H 2023)First half 2024 results: EPS: UK£0.043 (down from UK£0.067 in 1H 2023). Revenue: UK£162.1m (down 12% from 1H 2023). Net income: UK£9.00m (down 35% from 1H 2023). Profit margin: 5.6% (down from 7.5% in 1H 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.공시 • Jul 31Forterra plc to Report First Half, 2024 Results on Jul 30, 2024Forterra plc announced that they will report first half, 2024 results on Jul 30, 2024공시 • Jul 30Forterra plc Declares an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 11 October 2024The board of Forterra plc has declared an interim dividend for the six months ended 30 June 2024 of 1.0 pence per share (2023: 2.4 pence per share) with the distribution approximating to 1/3 interim, 2/3 final. The interim dividend will be paid on 11 October 2024 to shareholders on the register at 20 September 2024.Upcoming Dividend • Jun 06Upcoming dividend of UK£0.02 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.3%).Buy Or Sell Opportunity • May 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to €1.98. The fair value is estimated to be €2.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.Buy Or Sell Opportunity • May 03Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.1% to €1.88. The fair value is estimated to be €2.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.공시 • Apr 16Forterra plc, Annual General Meeting, May 21, 2024Forterra plc, Annual General Meeting, May 21, 2024, at 11:00 Coordinated Universal Time. Location: Atherstone Road, Measham, Swadlincote, Derbyshire DE12 7EL Derbyshire United KingdomBuy Or Sell Opportunity • Apr 02Now 20% undervaluedOver the last 90 days, the stock has risen 1.0% to €1.99. The fair value is estimated to be €2.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.Declared Dividend • Mar 28Final dividend of UK£0.02 announcedShareholders will receive a dividend of UK£0.02. Ex-date: 13th June 2024 Payment date: 5th July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 95% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: UK£0.062 (vs UK£0.27 in FY 2022)Full year 2023 results: EPS: UK£0.062 (down from UK£0.27 in FY 2022). Revenue: UK£346.4m (down 24% from FY 2022). Net income: UK£12.8m (down 78% from FY 2022). Profit margin: 3.7% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공시 • Jan 24Forterra plc to Report Fiscal Year 2023 Results on Mar 26, 2024Forterra plc announced that they will report fiscal year 2023 results on Mar 26, 2024New Risk • Oct 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.9% net profit margin).Upcoming Dividend • Sep 14Upcoming dividend of UK£0.024 per share at 7.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.5%).New Risk • Jul 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.9% net profit margin).Reported Earnings • Jul 28First half 2023 earnings released: EPS: UK£0.067 (vs UK£0.16 in 1H 2022)First half 2023 results: EPS: UK£0.067 (down from UK£0.16 in 1H 2022). Revenue: UK£183.2m (down 18% from 1H 2022). Net income: UK£13.8m (down 61% from 1H 2022). Profit margin: 7.5% (down from 16% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Jul 12Forterra plc Announces Revenue Guidance for the Six-Month Period Ended 30 June 2023Forterra plc announced revenue guidance for the six-month period ended 30 June 2023. The company expects to report first half revenues of approximately £183 million, a decrease of 18% relative to the prior year (2022: £222.8 million).Upcoming Dividend • Jun 08Upcoming dividend of UK£0.10 per share at 7.9% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 77%. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).공시 • May 24Forterra plc Approves Final Dividend for the Year Ended 31 December 2022Forterra plc in its AGM held on approved the final dividend of 10.1 pence per Ordinary Share for the year ended 31 December 2022.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: UK£0.27 (vs UK£0.20 in FY 2021)Full year 2022 results: EPS: UK£0.27 (up from UK£0.20 in FY 2021). Revenue: UK£455.5m (up 23% from FY 2021). Net income: UK£58.8m (up 29% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Nov 25+ 2 more updatesForterra plc, Annual General Meeting, May 23, 2023Forterra plc, Annual General Meeting, May 23, 2023.공시 • Nov 22Forterra plc Announces Chief Executive Officer ChangesThe Board of Forterra plc announced that Neil Ash will become Chief Executive Officer designate of Forterra on 3 April 2023. This appointment follows the announcement on 24 May 2022 that Stephen Harrison would be stepping down as Chief Executive Officer during the first half of 2023, allowing time both to commission the new Desford brick factory and support an orderly transition. Neil has almost three decades' experience in the building materials sector and an impressive track record of improving performance and delivering growth. Currently at Etex, the Belgian lightweight building materials manufacturer, he leads the Building Performance division which is a €2 billion revenue business. During his time at Etex Neil oversaw major capex projects, significant acquisitions, and developed its sales approach which delivered strong top line growth. His experience includes 15 years at Lafarge, where he undertook many roles, includingthe role of Vice President International Business Development and Sales and Commercial Director UK & Ireland of Lafarge Plasterboard.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 15Upcoming dividend of UK£0.046 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.3%).Reported Earnings • Jul 29First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£21.3m from profit in 1H 2021). Profit margin: (down from 12% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 12%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.공시 • Jul 29Forterra plc Declares Interim Dividend for the Six Months ended 30 June 2022, Payable on 14 October 2022The board of Forterra plc maintained a dividend pay-out ratio of 55% of earnings. In line with this policy the Board has declared an interim dividend of 4.6 pence per share with the distribution approximating to 1/3 interim, 2/3 final. The interim dividend will be paid on 14 October 2022 to shareholders on the register at 23 September 2022.Upcoming Dividend • Jun 09Upcoming dividend of UK£0.067 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (3.7%).Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Basic Materials industry in Europe. Total returns to shareholders of 5.5% over the past three years.공시 • May 26Forterra plc Approves Declare the Final Dividend for the Year Ended 31 December 2021Forterra plc at the AGM held on May 24, 2022, approved declare the final dividend of 6.7 pence per Ordinary Share for the year ended 31 December 2021.공시 • May 24Forterra plc Announces Stepdown of Stephen Harrison as Chief Executive OfficerForterra plc announced that Stephen Harrison has informed the Board of his intention to step down as Chief Executive Officer. Stephen will remain with the Company until the first half of 2023 allowing time both to commission the new Desford brick factory and support an orderly transition. The Board is commencing a process to appoint a successor and will provide an update in due course.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: UK£0.20 (up from UK£0.026 loss in FY 2020). Revenue: UK£370.4m (up 27% from FY 2020). Net income: UK£45.5m (up UK£51.1m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 12%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 16Upcoming dividend of UK£0.032 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 15 October 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.8%).Reported Earnings • Jul 31First half 2021 earnings released: EPS UK£0.093 (vs UK£0.10 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£180.3m (up 47% from 1H 2020). Net income: UK£21.3m (up UK£41.8m from 1H 2020). Profit margin: 12% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 10Upcoming dividend of UK£0.028 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 09 July 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%).공시 • May 19Forterra plc Approves Final Dividend for the Year Ended December 31, 2020Forterra plc at its AGM held on May 18, 2021 approved the final dividend of 2.8 pence per Ordinary Share for the year ended December 31, 2020.Recent Insider Transactions • Mar 31CFO & Director recently sold €78k worth of stockOn the 29th of March, Benjamin Guyatt sold around 23k shares on-market at roughly €3.36 per share. In the last 3 months, there was an even bigger sale from another insider worth €237k. Benjamin has been a seller over the last 12 months, reducing personal holdings by €96k.Is New 90 Day High Low • Mar 12New 90-day high: €3.30The company is up 39% from its price of €2.38 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.63 per share.Reported Earnings • Mar 10Full year 2020 earnings released: UK£0.026 loss per share (vs UK£0.24 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£291.9m (down 23% from FY 2019). Net loss: UK£5.60m (down 112% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 10Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 17%, compared to a 5.8% growth forecast for the Basic Materials industry in Germany.Recent Insider Transactions • Feb 10CEO & Executive Director recently sold €103k worth of stockOn the 5th of February, Stephen Harrison sold around 35k shares on-market at roughly €2.97 per share. In the last 3 months, they made an even bigger sale worth €237k. Stephen has been a seller over the last 12 months, reducing personal holdings by €337k.Is New 90 Day High Low • Feb 10New 90-day high: €3.00The company is up 31% from its price of €2.29 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.09 per share.Recent Insider Transactions • Feb 03CEO & Executive Director recently sold €237k worth of stockOn the 28th of January, Stephen Harrison sold around 84k shares on-market at roughly €2.81 per share. This was the largest sale by an insider in the last 3 months. Stephen has been a seller over the last 12 months, reducing personal holdings by €234k.공시 • Jan 23Forterra plc to Report First Half, 2021 Results on Jul 29, 2021Forterra plc announced that they will report first half, 2021 results on Jul 29, 2021Is New 90 Day High Low • Jan 23New 90-day high: €2.96The company is up 33% from its price of €2.22 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.92 per share.Is New 90 Day High Low • Jan 08New 90-day high: €2.77The company is up 33% from its price of €2.08 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.28 per share.공시 • Dec 19Forterra plc to Report Fiscal Year 2020 Results on Mar 09, 2021Forterra plc announced that they will report fiscal year 2020 results on Mar 09, 2021Is New 90 Day High Low • Nov 11New 90-day high: €2.29The company is up 23% from its price of €1.86 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.65 per share.Is New 90 Day High Low • Oct 10New 90-day high: €2.08The company is up 5.0% from its price of €1.97 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.97 per share.공시 • Sep 10Forterra plc Omits Dividend Payment for the Financial Year 2020Forterra plc Board does not anticipate declaring a dividend (2019: 4.0 pence per share) for the financial year 2020 with current strategy focused on maintaining a strong balance sheet whilst continuing with the construction of new Desford brick factory. The Board is fully aware of the importance of dividend payments to shareholders and will endeavor to resume distributions as soon as the current levels of uncertainty subside and results allow.공시 • Jun 22+ 3 more updatesForterra plc(LSE:FORT) dropped from FTSE 250 (Ex Investment Companies) Index (GBP)Forterra plc(LSE:FORT) dropped from FTSE 250 (Ex Investment Companies) Index (GBP)이익 및 매출 성장 예측DB:F0T - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028426333662812/31/2027400273257912/31/20263792329521012/31/2025386174559N/A9/30/2025382164463N/A6/30/2025377164468N/A3/31/2025361173055N/A12/31/2024344181742N/A9/30/202433513-423N/A6/30/20243258-244N/A3/31/202433610-39-8N/A12/31/202334613-54-20N/A9/30/202338125-361N/A6/30/202341637-1721N/A3/31/202343648748N/A12/31/2022456593276N/A9/30/2022434583075N/A6/30/2022413582974N/A3/31/2022392523171N/A12/31/2021370463468N/A9/30/2021360424272N/A6/30/2021350385175N/A3/31/2021321163358N/A12/31/2020292-61540N/A9/30/2020300-3430N/A6/30/20203090-820N/A3/31/2020344231036N/A12/31/2019380472853N/A9/30/201938150N/A62N/A6/30/201938154N/A72N/A3/31/201937453N/A69N/A12/31/201836853N/A66N/A9/30/201835851N/A67N/A6/30/201834848N/A69N/A3/31/201834048N/A73N/A12/31/201733148N/A78N/A9/30/201732146N/A70N/A6/30/201731144N/A62N/A3/31/201730336N/A50N/A12/31/201629528N/A38N/A9/30/201629017N/A22N/A6/30/20162856N/A6N/A3/31/201628812N/A13N/A12/31/201529018N/A20N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: F0T 의 연간 예상 수익 증가율(17%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: F0T 의 연간 수익(17%)이 German 시장(17%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: F0T 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: F0T 의 수익(연간 3.6%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: F0T 의 수익(연간 3.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: F0T의 자본 수익률은 3년 후 12.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:36종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Forterra plc는 17명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Robert ChantryBerenbergHarry GoadBerenbergYves Brian BromeheadBNP Paribas14명의 분석가 더 보기
공시 • Nov 11Forterra plc Provides Earnings Guidance for the Second HalfForterra plc provided earnings guidance for the second half . For the period, company anticipated that revenues will be at similar levels to H1.
공시 • Jul 12Forterra plc Announces Revenue Guidance for the Six-Month Period Ended 30 June 2023Forterra plc announced revenue guidance for the six-month period ended 30 June 2023. The company expects to report first half revenues of approximately £183 million, a decrease of 18% relative to the prior year (2022: £222.8 million).
공시 • May 21Forterra plc Approves Final Dividend for the Year Ended 31 December 2025Forterra plc at its Annual General Meeting held on May 19, 2026 approved to declare the final dividend of 4.3 pence per Ordinary Share for the year ended 31 December 2025.
Declared Dividend • May 20Final dividend of UK£0.043 announcedShareholders will receive a dividend of UK£0.043. Ex-date: 11th June 2026 Payment date: 6th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 14Forterra plc Announces Appointment of Oliver Graham as an Independent Non-Executive Director, Effective 19 May 2026Forterra plc announced the appointment of Oliver Graham as an Independent Non-Executive Director of the Forterra Board with effect from the conclusion of the Annual General Meeting (AGM) on 19 May 2026. Oliver will also be appointed as a member of the Audit, Remuneration, Nomination and Sustainability Committees of the Board. Oliver is currently Chief Executive Officer of Ardagh Metal Packaging S.A. which has a market capitalisation of $2.48bn and operates 23 beverage can plants across Europe, North America and Brazil, serving leading beverage brands worldwide. Prior to his role at Ardagh, he was Group Commercial Director of Rexam which he joined in 2013 from Boston Consulting Group where he was Partner and Managing Director within the Consumer and Industrial Practices.
공시 • Apr 09Forterra plc, Annual General Meeting, May 20, 2026Forterra plc, Annual General Meeting, May 20, 2026.
공시 • Mar 16Forterra plc (LSE:FORT) announces an Equity Buyback for £20 million worth of its shares.Forterra plc (LSE:FORT) announces a share repurchase program. Under the program, the company will repurchase up to £20 million worth of its shares. The program will be valid till December 31, 2026.
공시 • Mar 11+ 1 more updateForterra plc Announces Martin Sutherland to Retire as Independent Non-Executive DirectorForterra plc announced Independent Non-Executive Director, Martin Sutherland will be retiring from the Board at the upcoming AGM.
공시 • Jan 07+ 1 more updateForterra plc to Report Fiscal Year 2025 Results on Mar 11, 2026Forterra plc announced that they will report fiscal year 2025 results on Mar 11, 2026
공시 • Nov 11Forterra plc Provides Earnings Guidance for the Second HalfForterra plc provided earnings guidance for the second half . For the period, company anticipated that revenues will be at similar levels to H1.
공시 • Jul 31Forterra plc Declares the Interim Dividend , Payable on October 10, 2025Forterra plc declared the interim dividend of 1.9 pence per share (2024: 1.0 pence). The interim dividend will be paid on 10 October 2025 to shareholders on the register at 19 September 2025.
공시 • May 20Forterra plc Approves Final Dividend for the Year Ended 31 December 2024Forterra plc approved final dividend of 2.0 pence per Ordinary Share for the year ended 31 December 2024, at its AGM, held on 20 May 2025.
공시 • Mar 12Forterra plc Proposes Final Dividend for the Year 2024, Payable on 4 July 2025The Board of Forterra plc proposing to distribute 40% of adjusted earnings for 2024 and accordingly is recommending a final dividend of 2.0 pence per share (2023: 2.0 pence) which, in addition to the interim dividend of 1.0 pence per share paid in October (2023: 2.4 pence), will bring the total dividend to 3.0 pence per share (2023: 4.4 pence). Subject to approval by shareholders, the final dividend will be paid on 4 July 2025 to shareholders on the register as at 13 June 2025.
공시 • Mar 06Forterra plc Appoints Aysegul Sabanci as Independent Non-Executive Director, Effective 1 April 2025Forterra plc announced that Aysegul Sabanci will join the Board as an Independent Non-Executive Director with effect from 1 April 2025. She will also be appointed as a member of each of the Board's Committees. Aysegul has previously held executive roles primarily in commercial, procurement and supply chain management, most recently at ISG Ltd. as Group Head of Procurement and Supply Chain and prior to that as Group Procurement Manager at SPIE SA. She has held roles spanning every phase of construction. Aysegul has previous experience as a Non-Executive director, through her role on the Board of T Clarke plc and is currently a Non-Executive Director of Code for Construction Product Information.
공시 • Feb 06Forterra plc, Annual General Meeting, May 20, 2025Forterra plc, Annual General Meeting, May 20, 2025.
공시 • Feb 04Forterra plc Announces Executive ChangesForterra plc announced the appointment of Nigel Lingwood as Chair Designate effective from 1 April 2025. Pursuant to the Corporate Governance Code rules regarding independence, Justin Atkinson will step down as Chair and retire from the Board following the conclusion of the Company's Annual General Meeting (AGM) on 20 May 2025. Justin joined Forterra's Board as a non-executive Director in April 2016 and was appointed as Chair in May 2019. Nigel will succeed Justin as Chair following the conclusion of the Company's AGM. Nigel is an experienced FTSE 250 chair, and former Group Finance Director of Diploma PLC where he spent 19 years overseeing substantial business growth. He is currently Chair of Volution Group plc, a leading supplier of ventilation products to the new build and residential construction markets in the UK, Continental Europe and Australasia. Nigel is also Senior Independent Director at Dialight plc, a global leader in industrial LED lighting technology and solutions.
공시 • Oct 30+ 1 more updateForterra plc to Report Fiscal Year 2024 Results on Mar 12, 2025Forterra plc announced that they will report fiscal year 2024 results on Mar 12, 2025
Upcoming Dividend • Sep 12Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 11 October 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.5%).
공시 • Sep 11+ 1 more updateForterra plc announced that it has received $75 million in funding from a group of investorsForterra plc announced a private placement for the gross proceeds of $75,000,000 in Series B round of funding led by new investors Moore Strategic Ventures, XYZ Venture Capital, and Hedosophia on September 10, 2024. The transaction also included participation from new investor Standard Investments and existing investors, including Enlightenment Capital, Crescent Cove Advisors, and Four More Capital.
Declared Dividend • Aug 02First half dividend of UK£0.01 announcedShareholders will receive a dividend of UK£0.01. Ex-date: 19th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 180% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 02First half 2024 earnings released: EPS: UK£0.043 (vs UK£0.067 in 1H 2023)First half 2024 results: EPS: UK£0.043 (down from UK£0.067 in 1H 2023). Revenue: UK£162.1m (down 12% from 1H 2023). Net income: UK£9.00m (down 35% from 1H 2023). Profit margin: 5.6% (down from 7.5% in 1H 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
공시 • Jul 31Forterra plc to Report First Half, 2024 Results on Jul 30, 2024Forterra plc announced that they will report first half, 2024 results on Jul 30, 2024
공시 • Jul 30Forterra plc Declares an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 11 October 2024The board of Forterra plc has declared an interim dividend for the six months ended 30 June 2024 of 1.0 pence per share (2023: 2.4 pence per share) with the distribution approximating to 1/3 interim, 2/3 final. The interim dividend will be paid on 11 October 2024 to shareholders on the register at 20 September 2024.
Upcoming Dividend • Jun 06Upcoming dividend of UK£0.02 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.3%).
Buy Or Sell Opportunity • May 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to €1.98. The fair value is estimated to be €2.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
Buy Or Sell Opportunity • May 03Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.1% to €1.88. The fair value is estimated to be €2.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
공시 • Apr 16Forterra plc, Annual General Meeting, May 21, 2024Forterra plc, Annual General Meeting, May 21, 2024, at 11:00 Coordinated Universal Time. Location: Atherstone Road, Measham, Swadlincote, Derbyshire DE12 7EL Derbyshire United Kingdom
Buy Or Sell Opportunity • Apr 02Now 20% undervaluedOver the last 90 days, the stock has risen 1.0% to €1.99. The fair value is estimated to be €2.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
Declared Dividend • Mar 28Final dividend of UK£0.02 announcedShareholders will receive a dividend of UK£0.02. Ex-date: 13th June 2024 Payment date: 5th July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 95% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: UK£0.062 (vs UK£0.27 in FY 2022)Full year 2023 results: EPS: UK£0.062 (down from UK£0.27 in FY 2022). Revenue: UK£346.4m (down 24% from FY 2022). Net income: UK£12.8m (down 78% from FY 2022). Profit margin: 3.7% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공시 • Jan 24Forterra plc to Report Fiscal Year 2023 Results on Mar 26, 2024Forterra plc announced that they will report fiscal year 2023 results on Mar 26, 2024
New Risk • Oct 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.9% net profit margin).
Upcoming Dividend • Sep 14Upcoming dividend of UK£0.024 per share at 7.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.5%).
New Risk • Jul 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.9% net profit margin).
Reported Earnings • Jul 28First half 2023 earnings released: EPS: UK£0.067 (vs UK£0.16 in 1H 2022)First half 2023 results: EPS: UK£0.067 (down from UK£0.16 in 1H 2022). Revenue: UK£183.2m (down 18% from 1H 2022). Net income: UK£13.8m (down 61% from 1H 2022). Profit margin: 7.5% (down from 16% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Jul 12Forterra plc Announces Revenue Guidance for the Six-Month Period Ended 30 June 2023Forterra plc announced revenue guidance for the six-month period ended 30 June 2023. The company expects to report first half revenues of approximately £183 million, a decrease of 18% relative to the prior year (2022: £222.8 million).
Upcoming Dividend • Jun 08Upcoming dividend of UK£0.10 per share at 7.9% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 77%. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).
공시 • May 24Forterra plc Approves Final Dividend for the Year Ended 31 December 2022Forterra plc in its AGM held on approved the final dividend of 10.1 pence per Ordinary Share for the year ended 31 December 2022.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: UK£0.27 (vs UK£0.20 in FY 2021)Full year 2022 results: EPS: UK£0.27 (up from UK£0.20 in FY 2021). Revenue: UK£455.5m (up 23% from FY 2021). Net income: UK£58.8m (up 29% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Nov 25+ 2 more updatesForterra plc, Annual General Meeting, May 23, 2023Forterra plc, Annual General Meeting, May 23, 2023.
공시 • Nov 22Forterra plc Announces Chief Executive Officer ChangesThe Board of Forterra plc announced that Neil Ash will become Chief Executive Officer designate of Forterra on 3 April 2023. This appointment follows the announcement on 24 May 2022 that Stephen Harrison would be stepping down as Chief Executive Officer during the first half of 2023, allowing time both to commission the new Desford brick factory and support an orderly transition. Neil has almost three decades' experience in the building materials sector and an impressive track record of improving performance and delivering growth. Currently at Etex, the Belgian lightweight building materials manufacturer, he leads the Building Performance division which is a €2 billion revenue business. During his time at Etex Neil oversaw major capex projects, significant acquisitions, and developed its sales approach which delivered strong top line growth. His experience includes 15 years at Lafarge, where he undertook many roles, includingthe role of Vice President International Business Development and Sales and Commercial Director UK & Ireland of Lafarge Plasterboard.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 15Upcoming dividend of UK£0.046 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.3%).
Reported Earnings • Jul 29First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£21.3m from profit in 1H 2021). Profit margin: (down from 12% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 12%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
공시 • Jul 29Forterra plc Declares Interim Dividend for the Six Months ended 30 June 2022, Payable on 14 October 2022The board of Forterra plc maintained a dividend pay-out ratio of 55% of earnings. In line with this policy the Board has declared an interim dividend of 4.6 pence per share with the distribution approximating to 1/3 interim, 2/3 final. The interim dividend will be paid on 14 October 2022 to shareholders on the register at 23 September 2022.
Upcoming Dividend • Jun 09Upcoming dividend of UK£0.067 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Basic Materials industry in Europe. Total returns to shareholders of 5.5% over the past three years.
공시 • May 26Forterra plc Approves Declare the Final Dividend for the Year Ended 31 December 2021Forterra plc at the AGM held on May 24, 2022, approved declare the final dividend of 6.7 pence per Ordinary Share for the year ended 31 December 2021.
공시 • May 24Forterra plc Announces Stepdown of Stephen Harrison as Chief Executive OfficerForterra plc announced that Stephen Harrison has informed the Board of his intention to step down as Chief Executive Officer. Stephen will remain with the Company until the first half of 2023 allowing time both to commission the new Desford brick factory and support an orderly transition. The Board is commencing a process to appoint a successor and will provide an update in due course.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: UK£0.20 (up from UK£0.026 loss in FY 2020). Revenue: UK£370.4m (up 27% from FY 2020). Net income: UK£45.5m (up UK£51.1m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 12%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. CFO & Director Ben Guyatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 16Upcoming dividend of UK£0.032 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 15 October 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.8%).
Reported Earnings • Jul 31First half 2021 earnings released: EPS UK£0.093 (vs UK£0.10 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£180.3m (up 47% from 1H 2020). Net income: UK£21.3m (up UK£41.8m from 1H 2020). Profit margin: 12% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 10Upcoming dividend of UK£0.028 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 09 July 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%).
공시 • May 19Forterra plc Approves Final Dividend for the Year Ended December 31, 2020Forterra plc at its AGM held on May 18, 2021 approved the final dividend of 2.8 pence per Ordinary Share for the year ended December 31, 2020.
Recent Insider Transactions • Mar 31CFO & Director recently sold €78k worth of stockOn the 29th of March, Benjamin Guyatt sold around 23k shares on-market at roughly €3.36 per share. In the last 3 months, there was an even bigger sale from another insider worth €237k. Benjamin has been a seller over the last 12 months, reducing personal holdings by €96k.
Is New 90 Day High Low • Mar 12New 90-day high: €3.30The company is up 39% from its price of €2.38 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.63 per share.
Reported Earnings • Mar 10Full year 2020 earnings released: UK£0.026 loss per share (vs UK£0.24 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£291.9m (down 23% from FY 2019). Net loss: UK£5.60m (down 112% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 10Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 17%, compared to a 5.8% growth forecast for the Basic Materials industry in Germany.
Recent Insider Transactions • Feb 10CEO & Executive Director recently sold €103k worth of stockOn the 5th of February, Stephen Harrison sold around 35k shares on-market at roughly €2.97 per share. In the last 3 months, they made an even bigger sale worth €237k. Stephen has been a seller over the last 12 months, reducing personal holdings by €337k.
Is New 90 Day High Low • Feb 10New 90-day high: €3.00The company is up 31% from its price of €2.29 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.09 per share.
Recent Insider Transactions • Feb 03CEO & Executive Director recently sold €237k worth of stockOn the 28th of January, Stephen Harrison sold around 84k shares on-market at roughly €2.81 per share. This was the largest sale by an insider in the last 3 months. Stephen has been a seller over the last 12 months, reducing personal holdings by €234k.
공시 • Jan 23Forterra plc to Report First Half, 2021 Results on Jul 29, 2021Forterra plc announced that they will report first half, 2021 results on Jul 29, 2021
Is New 90 Day High Low • Jan 23New 90-day high: €2.96The company is up 33% from its price of €2.22 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.92 per share.
Is New 90 Day High Low • Jan 08New 90-day high: €2.77The company is up 33% from its price of €2.08 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.28 per share.
공시 • Dec 19Forterra plc to Report Fiscal Year 2020 Results on Mar 09, 2021Forterra plc announced that they will report fiscal year 2020 results on Mar 09, 2021
Is New 90 Day High Low • Nov 11New 90-day high: €2.29The company is up 23% from its price of €1.86 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.65 per share.
Is New 90 Day High Low • Oct 10New 90-day high: €2.08The company is up 5.0% from its price of €1.97 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.97 per share.
공시 • Sep 10Forterra plc Omits Dividend Payment for the Financial Year 2020Forterra plc Board does not anticipate declaring a dividend (2019: 4.0 pence per share) for the financial year 2020 with current strategy focused on maintaining a strong balance sheet whilst continuing with the construction of new Desford brick factory. The Board is fully aware of the importance of dividend payments to shareholders and will endeavor to resume distributions as soon as the current levels of uncertainty subside and results allow.
공시 • Jun 22+ 3 more updatesForterra plc(LSE:FORT) dropped from FTSE 250 (Ex Investment Companies) Index (GBP)Forterra plc(LSE:FORT) dropped from FTSE 250 (Ex Investment Companies) Index (GBP)