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‘Weak market conditions’ trigger Ibstock profit warning

Brick manufacturer Ibstock has blamed “weak market conditions” after it issued a profit warning. On Monday, the listed Leicestershire-based firm said it expected its full-year adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to be in the mid-£40m range. The company’s share price, which…

The post ‘Weak market conditions’ trigger Ibstock profit warning appeared first on Construction News.

Brick manufacturer Ibstock has blamed “weak market conditions” after it issued a profit warning. On Monday, the listed Leicestershire-based firm said it expected its full-year adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to be in the mid-£40m range. The company’s share price, which…

The post ‘Weak market conditions’ trigger Ibstock profit warning appeared first on Construction News.

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