StocksMedium•11 November 2026•
1 min read
Fort Cuts Annual Profit Outlook to £50 Million Amid Weak Demand
Key Facts
1Fort cut its full-year adjusted EBITDA outlook to approximately £50 million.
2The company reported that ten-month like-for-like revenue fell 11.9% year-on-year.
3The new guidance of £50m falls below the consensus estimate of £54.8m.
Fort cut its full-year adjusted EBITDA outlook to approximately £50 million. According to TradingView, the company reported that like-for-like revenue fell 11.9% year-on-year during the first ten months of the year as weak demand pressured profitability.
The new guidance of £50 million falls below the consensus analyst estimate of £54.8 million. The company is managing production and costs more aggressively to counter stalling revenue growth, while land disposals and share buybacks continue to support cash returns.