Forterra downgraded by Royal Bank of Canada
$FRTA
Royal Bank of Canada downgraded Forterra from Outperform to Sector Perform
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Royal Bank of Canada resumed coverage of Forterra with a rating of Sector Perform and set a new price target of $24.00 from $23.00 previously
RBC Capital Mkts downgraded Forterra from Outperform to Sector Perform and set a new price target of $24.00 from $23.00 previously
Royal Bank of Canada downgraded Forterra from Outperform to Sector Perform
15-12B - Forterra, Inc. (0001678463) (Filer)
EFFECT - Forterra, Inc. (0001678463) (Filer)
S-8 POS - Forterra, Inc. (0001678463) (Filer)
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 of market today and will be delisted from the Nasdaq Stock Market. Citi served as financial advisor to Forterra, and Gibson, Dunn & Crutcher LLP serve
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 income by 80.3% to $116.3 million as compared to $64.5 million last yearAdjusted EBITDA1 increased by 16.3% to $324.4 million as compared to $279.0 million last yearRedu
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 increased to $35.8 million from $28.8 million in the prior year quarterAdjusted EBITDA1 of $96.2 million as compared to $99.0 million in the prior year quart
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 quarter increased by 33.2% to $36.1 million from $27.1 million in the prior year quarterAdjusted EBITDA1 increased by 8.7% to $93.4 million as compare
SC 13G/A - Forterra, Inc. (0001678463) (Subject)
SC 13G - Forterra, Inc. (0001678463) (Subject)
SC 13G/A - Forterra, Inc. (0001678463) (Subject)