Ibstock is the UK’s leading brick producer and understandably has been having a tough time of it this year. Volumes tumbled in the first half of 2023 as a slowdown in construction activity hit demand.
However, the problem is not unique to Ibstock, and we see their challenges entirely as transitory external factors which will rectify themselves with time.
We have recently discussed the challenges faced by Howdens Joinery, and competitor Marshalls' shares are down heavily in 2023. The enti...
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