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Trades about 7% below its sector, cheaper than its peers on earnings.
Forterra plc is a UK-based company specializing in the production and distribution of masonry products. Its operations are segmented into three core areas: Bricks, Blocks, and Bespoke Products. The company's comprehensive product range includes various types of bricks and a selection of aircrete and aggregate blocks. Forterra also provides bespoke building solutions, encompassing precast concrete flooring, concrete block paving, and essential chimney and roofing components, alongside other construction materials. These are distributed under widely recognized brand names such as London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Jetfloor, Red Bank, and Formpave. The company serves a diverse client base, including builders' merchants, residential developers, specialized brick suppliers, and various contractors and subcontractors. Established in 2016, Forterra maintains its headquarters in Northampton, UK.
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