Forterra PLC 2024 AR2
The report highlights Forterra plc's performance in 2024, which was a challenging year with subdued demand and brick production running below 60% of capacity. Despite these headwinds, the company returned to strong cash generation, with adjusted operating cash inflow recovering to £60.1m and net debt before leases reducing to £84.9m. Forterra made significant progress on its £140m capital investment programme, including commissioning the Accrington brick slip facility and nearing completion of the Wilnecote factory redevelopment. Additionally, the company launched its first Climate Transition Plan, achieving a 44% reduction in absolute carbon emissions compared to 2019, and began utilizing power from its dedicated solar farm.
Company: Forterra PLC
Sector: Materials
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 224
Forterra PLC
Annual Report And Accounts
The report highlights Forterra plc's performance in 2024, which was a challenging year with subdued demand and brick production running below 60% of capacity. Despite these headwinds, the company returned to strong cash generation, with adjusted operating cash inflow recovering to £60.1m and net debt before leases reducing to £84.9m. Forterra made significant progress on its £140m capital investment programme, including commissioning the Accrington brick slip facility and nearing completion of the Wilnecote factory redevelopment. Additionally, the company launched its first Climate Transition Plan, achieving a 44% reduction in absolute carbon emissions compared to 2019, and began utilizing power from its dedicated solar farm.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees