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Sparks commentary

Industrials

Sparks

Ibstock’s (LSE: IBST) Q3 trading update has unchanged FY guidance
Published by Andy Murphy

Ibstock’s Q3 trading was ‘broadly’ in line with expectations and this gives the board confidence to maintain the current full year EBITDA guidance. The outlook is beginning to improve and Ibstock is making progress in rebuilding supply chains that will address the anticipated increase in medium-term demand. Furthermore, the company is making progress in the commissioning of its Atlas factory, which is the UK’s first carbon-neutral brick production facility.

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