Forterra Management
Management criteria checks 3/4
Forterra's CEO is Neil Ash, appointed in Apr 2023, has a tenure of 3.08 years. total yearly compensation is £1.03M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth £194.16K. The average tenure of the management team and the board of directors is 2.8 years and 3.1 years respectively.
Key information
Neil Ash
Chief executive officer
UK£1.0m
Total compensation
| CEO salary percentage | 48.50% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Narrative Update • Apr 26
FORT: Buybacks And Rising Dividend Will Support Future Shareholder Returns
Analysts have adjusted their price target on Forterra to £1.90 from £1.90, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions, while keeping the headline valuation level unchanged. What's in the News The Board of Directors authorized a share buyback plan for Forterra plc on March 16, 2026, signaling an intention to return capital to shareholders over time (Key Developments).
Narrative Update • Apr 10
FORT: Capital Returns Through Buybacks And Dividend Will Support Future Upside
Analysts have cut their price target on Forterra by about £0.15, reflecting slightly lower fair value estimates along with updated assumptions for discount rate, revenue growth, profit margin and future P/E. What's in the News The Board of Directors of Forterra plc authorized a share buyback plan on March 16, 2026, signaling approval for returning capital through repurchases (Key Developments).Narrative Update • Mar 27
FORT: Buybacks And Dividend Momentum Will Support Future Shareholder Returns
Analysts have nudged their price target on Forterra slightly lower from £1.92 to £1.90, reflecting updated assumptions for slower revenue growth, partially offset by firmer profit margin expectations and a modestly lower future P/E multiple. What's in the News On March 16, 2026, the Board of Directors authorized a share buyback plan for Forterra plc, classified as a buyback transaction announcement (Key Developments).Narrative Update • Mar 12
FORT: Future Dividend Momentum Will Support Returns At Current Share Price
Analysts have revised their price target on Forterra to £1.92. The change is mainly linked to updated assumptions for the discount rate, revenue growth, profit margin and future P/E.Narrative Update • Feb 24
FORT: Stable Outlook Will Rely On Slightly Improved Margins And Returns
Analysts have nudged their price target on Forterra slightly higher to £1.92, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Valuation Changes Fair Value: The updated fair value estimate is held at £1.92 per share, indicating no change in the central valuation point.Narrative Update • Feb 10
FORT: Updated Margins And Revenue Assumptions Will Support A Steady Outlook
Analysts have trimmed their price target on Forterra to US$1.92, citing updated assumptions for revenue growth, profit margins and the future P/E multiple, while maintaining their fair value estimate at US$1.92. Valuation Changes Fair Value: Held steady at US$1.92, with no change in the underlying fair value estimate.Narrative Update • Jan 26
FORT: Steady Revenue Guidance And Margins Will Support A Fair Outlook
Analysts have lifted their price target for Forterra to US$1.92, reflecting small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Forterra issued earnings guidance for the second half, indicating it expects revenues to be at similar levels to the first half (Key Developments).Narrative Update • Jan 11
FORT: Revenue Stability And Margin Outlook Will Support A Fair Future
Analysts have lifted their price target on Forterra, citing updated assumptions that include revenue growth of 6.13%, a profit margin of 9.53% and a future P/E of 12.19x. What's in the News Forterra issued new or confirmed earnings guidance for the second half, indicating that revenues are expected to be at similar levels to the first half (Key Developments).Narrative Update • Dec 26
FORT: Revenue Stability And Margin Improvement Will Support A Fair Outlook
Analysts have modestly raised their price target on Forterra to reflect improving long term revenue growth and profit margin assumptions, lifting the valuation by approximately $0.00 per share, as their updated model incorporates slightly lower discount rates and a still supportive future earnings multiple. What's in the News Forterra issued new earnings guidance for the second half, indicating that revenues are expected to be broadly in line with first-half levels (company guidance).Narrative Update • Dec 12
FORT: Revenue Stability And Margin Improvement Will Support A Fair Outlook
Analysts have nudged their price target on Forterra higher to 1.92, up from 1.70, citing improved expectations for revenue growth and profit margins that more than offset a slightly higher discount rate and modestly lower future P/E assumptions. What's in the News Forterra plc issued earnings guidance for the second half, indicating revenues are expected to remain broadly in line with first half levels (company guidance).Analysis Article • Aug 05
Forterra (LON:FORT) Is Due To Pay A Dividend Of £0.019
The board of Forterra plc ( LON:FORT ) has announced that it will pay a dividend of £0.019 per share on the 10th of...Analysis Article • Jul 31
Revenue Beat: Forterra plc Exceeded Revenue Forecasts By 8.8% And Analysts Are Updating Their Estimates
It's been a good week for Forterra plc ( LON:FORT ) shareholders, because the company has just released its latest...Analysis Article • Jun 10
Forterra (LON:FORT) Is Due To Pay A Dividend Of £0.02
Forterra plc's ( LON:FORT ) investors are due to receive a payment of £0.02 per share on 4th of July. The dividend...Analysis Article • May 21
Forterra (LON:FORT) Has Affirmed Its Dividend Of £0.02
The board of Forterra plc ( LON:FORT ) has announced that it will pay a dividend on the 4th of July, with investors...Analysis Article • Mar 28
Forterra's (LON:FORT) Dividend Will Be £0.02
Forterra plc ( LON:FORT ) has announced that it will pay a dividend of £0.02 per share on the 4th of July. This payment...
New Narrative • Mar 17
Market Recovery Will Boost Demand, Supporting Desford And Wilnecote Expansion Projects
Project Rebound and completed CapEx projects aim to enhance production capacity and revenue growth, positioning Forterra well for market recovery.Analysis Article • Oct 18
Why We're Not Concerned About Forterra plc's (LON:FORT) Share Price
It's not a stretch to say that Forterra plc's ( LON:FORT ) price-to-sales (or "P/S") ratio of 1.2x right now seems...Analysis Article • Sep 07
Forterra (LON:FORT) Has Announced That Its Dividend Will Be Reduced To £0.01
Forterra plc ( LON:FORT ) has announced that on 11th of October, it will be paying a dividend of£0.01, which a...Analysis Article • Aug 06
Forterra's (LON:FORT) Dividend Will Be Reduced To £0.01
Forterra plc ( LON:FORT ) is reducing its dividend from last year's comparable payment to £0.01 on the 11th of October...Analysis Article • Aug 02
Forterra plc Just Recorded A 7.6% Revenue Beat: Here's What Analysts Think
Last week, you might have seen that Forterra plc ( LON:FORT ) released its interim result to the market. The early...Analysis Article • May 25
Forterra (LON:FORT) Has Announced That Its Dividend Will Be Reduced To £0.02
Forterra plc ( LON:FORT ) has announced that on 5th of July, it will be paying a dividend of£0.02, which a reduction...Analysis Article • Apr 26
Investors Can Find Comfort In Forterra's (LON:FORT) Earnings Quality
The market for Forterra plc's ( LON:FORT ) shares didn't move much after it posted weak earnings recently. Our analysis...Analysis Article • Apr 17
Forterra (LON:FORT) Has Announced That Its Dividend Will Be Reduced To £0.02
Forterra plc ( LON:FORT ) has announced that on 5th of July, it will be paying a dividend of£0.02, which a reduction...Analysis Article • Dec 21
Lacklustre Performance Is Driving Forterra plc's (LON:FORT) Low P/E
Forterra plc's ( LON:FORT ) price-to-earnings (or "P/E") ratio of 9.7x might make it look like a buy right now compared...Analysis Article • May 25
Forterra (LON:FORT) Is Paying Out A Larger Dividend Than Last Year
Forterra plc's ( LON:FORT ) dividend will be increasing from last year's payment of the same period to £0.101 on 7th of...Analysis Article • Mar 12
Forterra's (LON:FORT) Dividend Will Be Increased To £0.101
Forterra plc ( LON:FORT ) has announced that it will be increasing its dividend from last year's comparable payment on...Analysis Article • Aug 14
Forterra's (LON:FORT) Upcoming Dividend Will Be Larger Than Last Year's
Forterra plc ( LON:FORT ) will increase its dividend on the 14th of October to £0.046, which is 44% higher than last...Analysis Article • Jul 31
Forterra's (LON:FORT) Upcoming Dividend Will Be Larger Than Last Year's
The board of Forterra plc ( LON:FORT ) has announced that it will be increasing its dividend by 44% on the 14th of...Analysis Article • Apr 23
Forterra (LON:FORT) Could Be Struggling To Allocate Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | UK£1m | UK£501k | UK£17m |
| Sep 30 2025 | n/a | n/a | UK£16m |
| Jun 30 2025 | n/a | n/a | UK£16m |
| Mar 31 2025 | n/a | n/a | UK£17m |
| Dec 31 2024 | UK£775k | UK£487k | UK£18m |
| Sep 30 2024 | n/a | n/a | UK£13m |
| Jun 30 2024 | n/a | n/a | UK£8m |
| Mar 31 2024 | n/a | n/a | UK£10m |
| Dec 31 2023 | UK£1m | UK£358k | UK£13m |
Compensation vs Market: Neil's total compensation ($USD1.39M) is about average for companies of similar size in the UK market ($USD1.17M).
Compensation vs Earnings: Neil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Neil Ash (54 yo)
3.1yrs
Tenure
UK£1,032,407
Compensation
Mr. Neil Alexander Ash serves as Chief Executive Officer of Forterra plc since April 03, 2023 and serves as its Director since April 25, 2023. He had been Head of Building Performance at Etex N.V. since 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | UK£1.03m | 0.068% £ 194.2k | |
| CFO & Executive Director | 6.3yrs | UK£739.75k | 0.070% £ 200.2k | |
| Chief Operations Officer | no data | no data | no data | |
| Strategy & Marketing Director | no data | no data | no data | |
| Group People Director | 1.3yrs | no data | no data | |
| Head of Land & Minerals | no data | no data | no data | |
| Company Secretary | 2.4yrs | no data | no data | |
| Strategy Director | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: FORT's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | UK£1.03m | 0.068% £ 194.2k | |
| CFO & Executive Director | 6.3yrs | UK£739.75k | 0.070% £ 200.2k | |
| Senior Independent Non-Executive Director | 8.7yrs | UK£78.89k | 0.0029% £ 8.3k | |
| Chairman | 1.1yrs | UK£113.30k | 0.024% £ 67.6k | |
| Independent Non-Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 3.1yrs | UK£70.64k | 0.0034% £ 9.6k | |
| Independent Non-Executive Director | 7.3yrs | UK£68.89k | 0.012% £ 33.8k | |
| Independent Non-Executive Director | 1.1yrs | UK£46.42k | no data |
3.1yrs
Average Tenure
57yo
Average Age
Experienced Board: FORT's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/24 10:15 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Forterra plc is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Harry Goad | Berenberg |
| Yves Brian Bromehead | BNP Paribas |