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November 22, 2022 at 7:27 am #3773Nick HargraveKeymaster
https://www.londonstockexchange.com/news-article/FORT/appointment-of-chief-executive-officer/15724885
https://www.londonstockexchange.com/news-article/FORT/trading-update/15724746Continued solid progress for Forterra with trading in line with expectations and, on the face of it, an excellent new CEO hire. As expected, there is some acknowledgement of a slowdown in the housing market, while highlighting, in line with our thesis, that there is a large market share of more expensive imported bricks to displace before their volumes see any pressure. Price increases are successfully being passed through and inventories remain at record lows, evidencing this dynamic
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