Apr 22, 2021 / 07:30AM GMT
Joseph Hudson - Ibstock plc - CEO & Director
Good morning, everyone. Welcome to today's call. I'm here with Chris McLeish, our CFO. And since we announced our AGM statement and the investment today, we thought it might be helpful just to have a short call to update you and answer any questions. So I'll just give a quick overview, and then we'll open up lines for your questions.
So beginning with trading, I'm pleased to say we've made a good start to the year with trading modestly ahead of our expectations in the first quarter against the backdrop of robust demand from both the new build and the RMI end markets. We're encouraged by this performance, and we remain confident in the outlook for the year ahead. So as said, a good start.
With the market outlook now clearer, we're refocusing on the growth investments which will create the platform for our sustainable, profitable growth over the coming years.
So today, we're announcing a GBP 60 million investment to upgrade the Atlas site in Warsaw in the West Midlands, replacing the existing facility with a state-of-the-art wire
Q1 2021 Ibstock PLC Trading Statement Call Transcript
Apr 22, 2021
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers