Ibstock cuts 2026 adjusted EBITDA guidance to mid-£40m range
Ibstock cited weaker demand, reduced production and lower manufacturing capacity utilisation. Its previous guidance, issued 5 August, was for adjusted EBITDA at the lower end of £59-68m.
Ibstock now expects adjusted EBITDA for 2026 to be in the mid-£40m range, reflecting weaker demand, reduced production and the impact of lower manufacturing capacity utilisation.The company's most recent guidance on 5 August was for adjusted EBITDA to be at the lower end of the £59-68m company-comp…