Cement News tagged under: Breedon Group Plc
Breedon on track to build on 2022 results28 July 2023, Published under Cement NewsThis week Breedon Group Plc announced its 2022 annual financial results and posted an impressive revenue increase of 11 per cent YoY. The British building materials company stated: "Our cement plants in GB and Ireland enjoyed their most successful year ever." Breedon stresses that the outlook for the cement market remains positive, underpinned by large infrastructure projections in the UK. This is the despite cement volumes falling by nine per cent to 2.2Mt during 2022 from the elevated 2.4... |
Breedon appoint independent non-executive director23 July 2021, Published under Cement NewsBreedon, a leading construction materials group in Great Britain and Ireland, announces that Moni Mannings, non-executive director and chair of the group’s Remuneration Committee, has given notice of her intention to step down from the Board of Breedon on 31 July 2021 with the expectation of joining the Board of Cazoo as a non-executive director. Breedon is pleased to announce the appointment of Pauline Lafferty as an independent non-executive director from 1 August 2021. Pauline will... |
Breedon Group Plc records 1H21 revenues of GBP600m22 July 2021, Published under Cement NewsBreedon Group Plc has announced unaudited interim results for the six months ended 30 June 2021 with revenues reaching GBP600.9m compared with GBP335.3m in the 1H2020. Profits before tax amounted to GBP56.4m and underlying EBIT totalled GBP46.2m. Net debt at the end of the period stood at GBP291.5m. Rob Wood, CEO of Breedon, said: "Breedon delivered a strong trading result in the 1H21, building on the recovery in demand which started in the second half of last year. "The outlook fo... |
Breedon reports strong trading in 1Q2120 April 2021, Published under Cement NewsBreeding announced encouraging trading in the first three months of the year. There was good demand in the GB market, where the business benefitted from contributions from the Cemex acquisition, combined with a robust cement performance, which more than offset the impact of COVID-19 restrictions limiting construction activity in the Republic of Ireland. Overall, group revenues in the first three months of the year were approximately GBP264m, an increase of 27 per cent compared with the ... |
Breedon announces revenues of GBP928.7m in 202011 March 2021, Published under Cement NewsBreedon Group Plc has announced its annual results for the year ended 31 December 2020 when it achieved revenues of GBP928.7m (US$1.29bn) and profit before tax of GBP48.1m, down from GBP94.6m in 2019. The company sold 2Mt of cement as it did in 2019, and decreased aggregate sales to 21.7Mt in 2020 from 20.2Mt in 2019. Ready-mix sales fell to 2.6Mms from 3Mm 3 in 2019, while asphalt sales increased to 3.3Mt from 3Mt in 2019. "Although we remain mindful of the ongoing impact of COVID-1... |
Breedon Group makes Board appointments11 March 2021, Published under Cement NewsBreedon Group Plc has appointed James Botherton, who joined the group as Chief Financial Officer designate on 1 January 2021, as Chief Financial Officer and Board member as of 1 April 2021. Helen Miles is joining Breedon as a Non-Executive Director 1 April 2021. Helen is currently Capital and Commercial Services Director and a member of the Executive Committee of Severn Trent Plc. Meanwhile Pat Ward is succeeded by Rob Wood as Group Finance Director on 1 April 2021. Breedon's ... |
Breedon appoints Managing Director of GB Contracting12 January 2021, Published under Cement NewsBreedon Group has appointed James Haluch as managing director of its GB Contracting business. He will join in March and will report to the group's chief executive. Mr Haluch has been MD of Highways & Waste Collections at Amey for the last five years. In all, he has nearly 30 years' experience in the contracting and highway services industry, including senior positions with Mouchel and EM (Kier) Highway Services, where he established and led the strategic highways business. Pat Ward... |
Breedon trading exceeds expectations21 December 2020, Published under Cement NewsBreedon, a leading construction materials group in Great Britain and Ireland, today issued an update on recent trading. The Group’s recent trading update, published on 18 November 2020, noted continuation of positive trading into the fourth quarter. Since then, the company said performance has continued to exceed expectations across the group, with revenues in November ahead of the prior year, on a like-for-like basis. "This strong trading performance has continued into December, in part... |
Breedon Group's revenues for 10M20 reach GBP750m18 November 2020, Published under Cement NewsBreedon has issued a scheduled trading update with group revenues in both September and October ahead of the same period in the prior year, on a like-for-like basis. As a result, the group saw revenues for the first 10 months of the year reach GBP750m (2019: GBP800m), including three months contribution from the former Cemex assets in the UK. The board now expects the group's underlying EBIT for the full year to be at least GBP70m, which is ahead of current market expectations. ... |
Breedon disposes of 14 assets to Tillicoultry Quarries for GBP12.2m09 November 2020, Published under Cement NewsBreedon Group Plc is pleased to announce that it has agreed the disposal of certain assets to Tillicoultry Quarries Ltd for GBP12.2m on a cash and debt-free basis. The 14 sites to be divested include 10 ready-mixed concrete plants and an asphalt plant and associated aggregates depot in England, and two quarries and a cement terminal in Leith, Scotland. The earnings of the assets being disposed of are not material to the Breedon Group. Breedon is divesting these assets at the di... |