Brief: Ibstock Says Full Year Outturn Will Be Around Lower End Of Current Market Expectations
BRIEF-Ibstock Says Full Year Outturn Will Be Around Lower End Of Current Market Expectations Aug 5 (Reuters) - Ibstock PLC IBST.L:
IBSTOCK PLC - INTERIM RESULTS
IBSTOCK - PRIVATE HOUSEBUILDING AND RMI ACTIVITY LEVELS REMAIN SUBDUED, WITH CONDITIONS EXPECTED TO REMAIN CHALLENGING IN NEAR TERM
IBSTOCK - WILL CONTINUE TO FOCUS ON MANAGING CAPACITY, INVENTORY LEVELS AND COSTS AND WILL ADAPT PLANS TO MARKET CONDITIONS
IBSTOCK - CONTINUES TO EXPECT TO ACHIEVE A STRONGER ADJUSTED EBITDA IN H2 THAN H1
IBSTOCK - FULL YEAR OUTTURN WILL BE AROUND LOWER END OF CURRENT MARKET EXPECTATIONS
IBSTOCK - IN JUNE WE INTRODUCED A TEMPORARY FUEL SURCHARGE TO MITIGATE IMPACT OF HIGHER INPUT COSTS ARISING FROM MIDDLE EAST CONFLICT.
IBSTOCK - PRICING WAS POSITIVE DURING FIRST HALF, WITH PRICE INCREASES IMPLEMENTED IN FEBRUARY TO MITIGATE COST INFLATION
Source text: ID:nRSE2900Pa
Further company coverage: IBST.L
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