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Forterra hits revenue target with 12% growth

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Forterra PLC delivered full-year 2025 revenue of £386 million, up 12% from £344.3 million in 2024. The brick manufacturer credited higher sales volumes for the increase, with brick sales remaining its strongest segment despite slowing quarterly momentum.

The company reduced net debt to approximately £56 million from £84.9 million, achieving its target leverage ratio of 1x adjusted EBITDA. Adjusted profit and earnings per share exceeded expectations due to lower interest and depreciation costs, even as market conditions showed signs of moderation.

CEO Neil Ash pointed to ongoing housing shortages and government support as long-term growth drivers. Forterra outpaced the wider UK brick market, where domestic despatches rose just 6% over the same period. The firm plans to outline future capital allocation priorities when it publishes full-year results in March 2026.