Industrials

• The immediate reason for attention is Chemring has been one of the more visible UK defence names, with recent trading showing renewed share-price strength and the stock sitting around the mid-500p area. The company benefits from structuralDemandfor countermeasures, sensors and specialist defence technologies, …

• The immediate reason for attention is Eurocell has a clear near-term catalyst with its ten-month trading update scheduled for 24 November. The company has also been active commercially, including a newPartnershiparound sealants and adhesives and additions to its stocked product range. Investors are …

• The immediate reason for attention is Forterra's 11 November trading update is the immediate catalyst. UK brick industry despatches were running 11% below the prior year for the nine months to September, while management lowered full-year adjusted EBITDA expectations to about £50 million …

• The immediate reason for attention is Genuit remains a closely followed UK building-products name because it combines exposure to construction with longer-term themes such as water management, ventilation, sustainable drainage and infrastructure resilience. The market is looking for evidence that weak housingDemandcan be …

• The immediate reason for attention is Marshalls remains a key listed read-through for the UK construction and landscaping market. The stock is being watched for evidence of stabilisingDemandacross private housing, public realm projects and infrastructure, while investors continue to assess cost discipline and …

• Investors are watching large-engine flying hours, Civil Aerospace aftermarket activity, Defence demand, Power Systems orders and cash generation.

• Full-year expectations remain mid-single-digit organicRevenuegrowth and an adjusted operatingMarginabove 20%.