UK's Forterra leads gains on FTSE after outlook upgrade

Forterra

29/07/2025 09:40

** Shares of building products maker Forterra FORT.L up 9.1% at 200.5 pence

** Stock is top gainer in the FTSE All Share Index .FTAS, which is up 0.2%

** On track for its biggest one-day pct gain since Nov 2020, if gains hold

** Co expects second-half adjusted EBITDA to be modestly ahead of first-half figure, posts H1 adjusted PBT up 82.4% YOY

** Co appears well-placed to see significant profitability improvements as volumes return, Peel Hunt says

** Including session moves, FORT stock up nearly 23% YTD

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))