30-07-2024 08:46 via constructionenquirer.com

Builders refuse to pay latest brick increases

Materials giant Forterra said its latest round of brick price rises has failed to stick.
Forterra announced its latest round of price hikes at the start of this year.
But in a half–year results announcement to the City today the firm said: “Selling prices remain relatively stable with competitive market conditions restricting our ability to implement our announced price increases.”Forterra saw revenue for the six months to June 30 2024 fall to £162.1m from £183.2m a
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