UK's Ibstock sees weak construction demand hitting revenue through year-end
10/10/2025 07:43
Oct 10 (Reuters) - Bricks and concrete maker Ibstock IBST.L on Friday said that weak demand in key construction markets hurt revenue across both its clay and concrete segments during the third quarter, and expects soft conditions to last through the end of the year. The company now expects second-half adjusted core profit to be similar to the 36 million pounds ($47.90 million) it reported in the first half. ($1 = 0.7516 pounds) (Reporting by Nithyashree R B in Bengaluru; Editing by Harikrishnan Nair) ((NithyashreeRB@thomsonreuters.com))