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Source:
The Guardian
Source: The Guardian
7 HrsThe Guardian
Source: The Guardian
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Ibstock, the UK’s largest brickmaker, said sales were 22% below expectations in the quarter to September and cut production by a fifth as the housing downturn deepened. It issued its second profit warning this year, forecasting full-year profits in the mid-£40m range, against analysts’ previous £59m consensus. The company criticised the delay of the government’s first-time buyer support scheme until April 2027.
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