Stock Analysis

Forterra Full Year 2024 Earnings: EPS Beats Expectations

LSE:FORT
Source: Shutterstock

Forterra (LON:FORT) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£344.3m (flat on FY 2023).
  • Net income: UK£17.5m (up 37% from FY 2023).
  • Profit margin: 5.1% (up from 3.7% in FY 2023).
  • EPS: UK£0.083 (up from UK£0.062 in FY 2023).
earnings-and-revenue-growth
LSE:FORT Earnings and Revenue Growth March 13th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Forterra EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Basic Materials industry in the United Kingdom.

Performance of the British Basic Materials industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Forterra's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.