Industrials

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Vistry Group

Closing out a very challenging year

2024 was a year to forget for Vistry. The group issued three profit warnings in the final quarter and specifically highlighted significant cost issues in its South Division. Final results...

Holcim

Financial objectives set for soon-to-be spun-out Amrize

The announcement of Amrize’s financial objectives confirm that it will pursue growth in the coming years – by contrast, we expect that Holcim RemainCo will balance growth and...

Bellway plc

Remains on track for a year of good profit growth

Bellway has announced interim results consistent with its recent trading update. Full year guidance is also unchanged, and the group remains on track to deliver decent profit growth....

Volution

That healthy air of earnings upgrades

The transformative acquisition of Fantech has not distracted Volution from business as usual: recent interim results have prompted another chunky upgrade to financial estimates. While...

Marshalls

No changes expected to headline forecasts as revenue trends improve

Marshalls held its adjusted profit before tax steady in 2024 despite further downward pressure on revenues. With revenue trends more encouraging, the current expectation is for a...

SigmaRoc plc

Positive start to 2025

Important milestones are being delivered on by SigmaRoc. 2024 earnings have come in modestly ahead, disposals are transacting at accretive multiples and the synergy programme is...

Berkeley Group

Guidance reaffirmed for FY25 and FY26

Berkeley has reaffirmed earnings guidance to deliver ‘at least’ £975m of pre-tax profit across FY25 and FY26. Enquiries are at a ‘consistently good’ level, while the sales rates...

Kingspan Group

Short-term results benefiting from long-term thinking

Kingspan is well set up to deliver another year of progress in 2025. The stock has responded positively to recent results, which pointed to good momentum entering the year. As ever...

Volution

Good earnings upside following impressive interim results

Once again Volution has announced an impressive set of results. The results, which cover the six months to end-January, indicate that the group continues to increase earnings while...

Glenveagh Properties

Confident in another year of high growth

After a year of exceptional profit growth in 2024, the business has significant visibility to deliver a further double-digit growth in EPS in 2025. Glenveagh is not just well positioned in...