Breedon Group (BREE)

Sector:

Construction and Building Materials

Index:

FTSE 250

397.00p
   
  • Change Today:
      7.00p
  • 52 Week High: 399.50
  • 52 Week Low: 304.50
  • Currency: UK Pounds
  • Shares Issued: 343.32m
  • Volume: 2,719,534
  • Market Cap: £1,362.97m

Breedon Aggregates blooms as construction sector blossoms

Date: Tuesday 04 Mar 2014

LONDON (ShareCast) - As the UK construction sector creaked back to life, crushed stone and asphalt group Breedon Aggregates benefitted with underlying pre-tax profits more than doubling last year.

Helped by meaningful contributions from two acquisitions completed during the year, the AIM 100 group sold 6.1m tonnes of aggregates and 1.4m tonnes of asphalt to customers ranging from housebuilders to motorway construction projects, generating revenue growth of 29.5% to £224.5m.

Thanks to well controlled costs, rising sales fed through to 40.1% growth in underlying earnings before interest, tax, depreciation and amortisation (EBITDA). Underlying pre-tax profits leapt 121% to £12.4m and earnings per share 67% to 1.12p.

Executive Chairman Peter Tom said: "It is pleasing after several very difficult years to report that our markets at last showed encouraging signs of life in 2013 as the long-awaited economic recovery began to take hold."

Looking ahead, the company is optimistic.

Says Tom: "The year has begun well and the outlook is more encouraging than for some time. We plan to take full advantage of the opportunities ahead and remain confident of making further progress in 2014."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Breedon Group Market Data

Currency UK Pounds
Share Price 397.00p
Change Today 7.00p
% Change 1.79 %
52 Week High 399.50
52 Week Low 304.50
Volume 2,719,534
Shares Issued 343.32m
Market Cap £1,362.97m

Breedon Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
59.12% above the market average59.12% above the market average59.12% above the market average59.12% above the market average59.12% above the market average
21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average
Income Not Available
Growth
91.29% above the market average91.29% above the market average91.29% above the market average91.29% above the market average91.29% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average

Breedon Group Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 12-Oct-23
Paid 17-May-24 10-Nov-23
Amount 9.50p 4.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 253,002 @ 397.00p
16:35 1 @ 397.00p
16:35 1 @ 397.00p
16:35 1,842 @ 397.00p
16:35 1,248 @ 397.00p

Breedon Group Key Personnel

CEO Rob Wood
CFO James Brotherton

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