Forterra plans fourth brick price hike in 12 months

Masonry products giant Forterra is planning another rise in brick prices in the New Year following its latest price hike of 16.5% in October.
It will be the fourth price increase for the firm’s products in 12 months.
Forterra said trading was currently “robust” with revenue for the ten-month period ended 31 October 2022 up 23% on last time due to higher prices.In a trading update to the City Forterra said: “Group revenue in the period was 23% ahead of the prior year drive