FRTA Forterra Inc.

Forterra Announces Rating Upgrade by S&P

Forterra Announces Rating Upgrade by S&P
EN
05/10/2020

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Reports on Forterra Inc.

 PRESS RELEASE

Quikrete Completes Acquisition of Forterra, Inc.

Quikrete Completes Acquisition of Forterra, Inc. IRVING, Texas, March 18, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra”) (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced that Quikrete Holdings, Inc. (“Quikrete”) completed its acquisition of all outstanding shares of Forterra for $24.00 per share in an all cash transaction, with Forterra becoming a wholly owned subsidiary of Quikrete. As a result of the transaction’s completion, Forterra’s common stock will cease trading at the close...

 PRESS RELEASE

Forterra Announces Fourth Quarter and Full Year 2021 Results

Forterra Announces Fourth Quarter and Full Year 2021 Results IRVING, Texas, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter and full year ended December 31, 2021. Full Year 2021 Highlights Increased net sales by 16.5% to $1,858.3 million as compared to $1,594.5 million last yearIncreased gross profit by 11.6% to $420.4 million as compared to $376.7 million last year Increased net inco...

FORTERRA sees an upgrade to Positive due to a better fundamental star ...

The general evaluation of FORTERRA (US), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date December 7, 2021, the closing price was USD 23....

 PRESS RELEASE

Forterra Announces Third Quarter 2021 Results

Forterra Announces Third Quarter 2021 Results IRVING, Texas, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended September 30, 2021. Third Quarter 2021 Highlights Increased net sales by 15.1% to $526.6 million as compared to $457.6 million in the prior year quarterGross profit of $116.6 million as compared to $126.3 million in the prior year quarterNet income for the quarter increas...

 PRESS RELEASE

Forterra Announces Second Quarter 2021 Results

Forterra Announces Second Quarter 2021 Results IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended June 30, 2021. Second Quarter 2021 Highlights Increased net sales by 15.6% to $492.8 million as compared to $426.2 million in the prior year quarterIncreased gross profit by 13.3% to $119.6 million as compared to $105.6 million in the prior year quarterNet income for the...

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