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Housing Today
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Brickmaker raises profit expectations on booming housing demand
Ibstock says 2021 earnings will be ahead of previous estimate
Brick manufacturer Ibstock has said it expects 2021 earnings to be ahead of expectations when it publishes its annual results in March.
In a trading update, the firm said adjusted earnings would be “modestly ahead” of previous estimates, while turnover will be up 29% to £409m, thanks to booming housing and repair and maintenance demand.
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