Edition:
United Kingdom

Ibstock PLC (IBST.L)

IBST.L on London Stock Exchange

242.00GBp
22 Mar 2019
Change (% chg)

-6.80 (-2.73%)
Prev Close
248.80
Open
249.40
Day's High
250.60
Day's Low
241.80
Volume
1,010,408
Avg. Vol
727,818
52-wk High
305.80
52-wk Low
190.70

Latest Key Developments (Source: Significant Developments)

Ibstock FY Pretax Profit Of £92.5 Mln
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Ibstock PLC ::FY REVENUE £391.4M VERSUS £362.6M.FY PROFIT BEFORE TAX £92.5M VERSUS £77.7M.FY FINAL DIVIDEND 6.5P.QTRLY ENHANCED MAINTENANCE PROGRAMME ANNOUNCED IN JULY REMAINS ON TRACK.  Full Article

Ibstock Appoints Chris Mcleish As Chief Financial Officer
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Ibstock PLC ::CHIEF FINANCIAL OFFICER SUCCESSION.KEVIN SIMS TO RETIRE AS CHIEF FINANCIAL OFFICER IN 2019.CHRIS MCLEISH TO BE APPOINTED AS CHIEF FINANCIAL OFFICER.SIMS WILL CONTINUE TO BE AVAILABLE TO GROUP UNTIL YEAR END.  Full Article

Ibstock Sees FY Adj. Core Earnings To Be In Line With Expectations
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Ibstock PLC ::GROUP HAS CONTINUED TO TRADE AS ANTICIPATED AND ADJUSTED EBITDA FOR YEAR IS EXPECTED TO BE IN LINE WITH EXPECTATIONS.REVENUES FROM OUR UK CLAY AND CONCRETE PRODUCTS WERE UP 8 PCT FOR FULL YEAR COMPARED TO 2017.ALSO EXPECT TO REPORT £9.5 MILLION OF PROFIT ON DISPOSAL OF SURPLUS PROPERTY DURING YEAR."DESPITE ONGOING POLITICAL AND ECONOMIC UNCERTAINTY, WE ENTER 2019 WELL POSITIONED AND WITH A STRONG BALANCE SHEET".  Full Article

Ibstock Announces Disposal of Glen-Gery
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Ibstock PLC ::‍DISPOSAL OF US BRICK BUSINESS AND TRADING UPDATE.PROPOSED DEAL FOR US$110 MILLION ON A DEBT FREE CASH FREE BASIS..NET CASH INFLOW FOR​ GROUP IS EXPECTED TO BE ABOUT $95 MILLION, SUBJECT TO ANY CLOSING ACCOUNT ADJUSTMENTS .EXPECT OUR NET DEBT TO BE AROUND £50 MILLION BY END OF 2018.GENERATED PROCEEDS OF £3.7M FROM A FURTHER SALE OF SURPLUS LAND.REMAINS ON COURSE TO DELIVER ADJUSTED EBITDA OF £121M TO £125M FOR YEAR ENDED 31 DECEMBER.  Full Article

Brickworks Acquires Brickmaker Glen-Gery For A$151 Mln
Thursday, 22 Nov 2018 

Nov 23 (Reuters) - Brickworks Ltd ::ACQUIRES GLEN-GERY FOR AU$151 MILLION.FOLLOWING TRANSACTION, BRICKWORKS EXPECTS TO DELIVER LOW SINGLE DIGIT NORMALISED EPS ACCRETION.TRANSACTION WILL BE FUNDED BY A COMMITTED US$ ACQUISITION BRIDGE FACILITY OF UP TO AU$200 MILLION.  Full Article

Janus Henderson Group Discloses 5 Pct Stake In Ibstock
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Ibstock PLC ::JANUS HENDERSON GROUP DISCLOSES 5 PERCENT STAKE IN IBSTOCK PLC - FILING.  Full Article

Ibstock's HY Rev Rises Marginally To 229.9 Mln Pounds
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Ibstock Plc ::UK CLAY BENEFITTING FROM GOOD ACTIVITY LEVELS WITHIN UK, PARTICULARLY FROM NEW BUILD HOUSING SECTOR.HY REVENUE 229.9 MILLION POUNDS VERSUS 228.3 MILLION POUNDS YEAR AGO.COMMISSIONING OF GROUP'S INVESTMENT IN A 100M PER ANNUM CAPACITY BRICK PLANT IN LEICESTERSHIRE RUNNING TO PLAN.HY PROFIT BEFORE TAX 50.9 MILLION POUNDS VERSUS 38.9 MILLION POUNDS YEAR AGO.INTERIM DIVIDEND PER SHARE 3.0 PENCE VERSUS 2.6 PENCE YEAR AGO.REVIEW OF UK BRICK MANUFACTURING ASSETS IDENTIFIED REQUIREMENT FOR INCREASED MAINTENANCE AND REFURBISHMENT ACTIVITY OVER 2H 2018 AND 1H 2019.UK CONCRETE REVENUES FLAT YEAR ON YEAR IN H1.U.S. PERFORMANCE DOWN MARGINALLY YEAR-ON-YEAR IN H1.EXPECTS ADJUSTED EBITDA FOR YEAR ENDED 31 DECEMBER 2018 WILL BE IN RANGE OF 121 MLN STG TO 125 MLN STG WITH REPORTED EBITDA IN RANGE 130 MLN STG TO 134 MLN STG .PRIOR TO EXCEPTIONAL ITEMS, HY PRETAX PROFIT WAS 43 MLN POUNDS, DOWN JUST OVER 1 PCT ON PRIOR YEAR ON A CONSTANT CURRENCY BASIS.  Full Article

Ibstock Announces Sale Of Surplus Land
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Ibstock PLC ::ENTERED INTO AN UNCONDITIONAL CONTRACT FOR SALE OF A FORMER QUARRY NEAR BRISTOL, ENGLAND, FOR A CONSIDERATION OF £9.3 MILLION IN CASH.  Full Article

Ibstock Expects Another Year Of Progress In 2018
Thursday, 24 May 2018 

May 24 (Reuters) - Ibstock PLC ::BOARD EXPECTS ANOTHER YEAR OF PROGRESS FOR GROUP, ALBEIT WITH PERFORMANCE EXPECTED TO BE WEIGHTED TOWARDS SECOND HALF.  Full Article

Ibstock Says Group Revenue For Year Ended Dec 31 Was Up 4 Pct
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Ibstock Plc ::GROUP CONTINUES TO TRADE AS ANTICIPATED WITH ADJUSTED EBITDA FOR YEAR ENDED 31 ST DECEMBER 2017 IN LINE WITH EXPECTATIONS​.‍GROUP REVENUE FOR YEAR ENDED 31 DECEMBER 2017 WAS UP 4%​.‍NOTE ENACTMENT OF US TAX CUTS AND JOBS ACT; CONTINUE TO WORK THROUGH FULL IMPACT OF CHANGES.EXPECT US TAX CHANGES WILL RESULT IN A NON-CASH TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES IN 2017.  Full Article

UPDATE 1-UK Stocks-Factors to watch on March 4

March 4 Britain's FTSE 100 is seen opening 29 points higher at 7,136 on Monday, according to financial bookmakers, while FTSE 100 futures were up 0.38 percent ahead of the cash market open.