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Ibstock Reports Full-year Adj. EBITDA In Line With Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ibstock Plc (IBST.L), a manufacturer of building products, Thursday reported adjusted EBITDA, or adjusted earnings before interest, taxes, depreciation, and amortization of about 79 million pounds for the full year, consistent with its previous guidance.

Revenue for the year is expected to be 10 percent lower than last year's 365 million pounds, primarily due to lower sales volumes across the core business.

The company expects to report full-year results on March 5.

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