Forterra PLC 2021 AR2
The report highlights Forterra plc's strong recovery in 2021, with revenue increasing by 26.9% to £370.4 million and profit before tax rising to £56.8 million. The company made significant progress on its strategic organic growth projects, including the construction of the new Desford brick factory, which is expected to be the largest and most efficient in Europe. In terms of sustainability, Forterra reduced its carbon intensity by 4.5% compared to 2019 and entered into a 15-year Power Purchase Agreement to secure 70% of its electricity from a dedicated solar farm starting in 2025. Additionally, the company announced a £40 million share buyback programme reflecting its strong cash generation and balance sheet strength.
Company: Forterra PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 99
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Forterra PLC
Annual Report And Accounts
The report highlights Forterra plc's strong recovery in 2021, with revenue increasing by 26.9% to £370.4 million and profit before tax rising to £56.8 million. The company made significant progress on its strategic organic growth projects, including the construction of the new Desford brick factory, which is expected to be the largest and most efficient in Europe. In terms of sustainability, Forterra reduced its carbon intensity by 4.5% compared to 2019 and entered into a 15-year Power Purchase Agreement to secure 70% of its electricity from a dedicated solar farm starting in 2025. Additionally, the company announced a £40 million share buyback programme reflecting its strong cash generation and balance sheet strength.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees