Breedon Group PLC
BREE
ISIN GB00BM8NFJ84 / Valor 126138223
Breedon Group PLC
UMushroom community rating:
About company
Breedon Group PLC is a UK‑based listed construction materials and contracting business headquartered in Breedon-on-the-Hill that produces and supplies bulk building materials and road‑building products to the construction and infrastructure markets. Its operations include quarrying and the production and distribution of aggregates, asphalt, coated roadstone and ready‑mix concrete, together with cementitious and other building products, supported by a network of plants, depots and haulage/logistics services; it also provides specialist surfacing and contracting services for highways and civils projects. The company has grown through a series of regional acquisitions and serves housebuilding, commercial construction and public‑sector infrastructure customers across the UK and Ireland.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (26.05.2026):
Breedon Group PLC — Annual results for the year ended 31 December 2025 (Q4 2025). Breedon reported revenue of £1,713.8m (+9% y/y) and underlying EBITDA of £278.8m (+3% y/y). The Group generated record post‑Covid free cash flow of £133.2m, increased the full‑year dividend to 15.0p, and completed the integration of the Lionmark acquisition, while like‑for‑like revenue fell ~3% and statutory profit before tax and EPS were lower on higher amortisation and finance costs.
Key financials
Revenue £1,713.8m (+9%); Underlying EBITDA £278.8m (+3%); Underlying EBITDA margin 16.3% (down ~80bps); Underlying profit before tax £140.2m (‑7% LFL); Statutory PBT £105.3m (‑16%); Statutory basic EPS 24.2p (‑14%); Adjusted Underlying EPS 31.8p (‑8%).
Cash generation and balance sheet
Record post‑Covid Free Cash Flow £133.2m (up 17%), FCF conversion 48% (vs 42% in 2024). Net debt £527.3m (including IFRS16; +30% y/y) and covenant leverage 1.8x (within 1–2x target). Liquidity >£245m (cash ~£115m + undrawn facilities ~£130m).
Operational performance
Like‑for‑like revenue down ~3%: GB volumes weaker (fourth consecutive year decline), Ireland impacted by project deferrals, US improved despite adverse 2025 weather. Group delivered >£20m of operational savings and sustained margins through cost discipline and efficiency programs.
M&A and strategic progress
Lionmark (US) acquisition (EV US$238m) integrated ahead of schedule—added asphalt/surfacing capability and boosted US scale. Announced Booth acquisition (completed Feb 2026) to strengthen Dublin access. Active bolt‑on pipeline across geographies; Peak Cluster carbon capture FEED progressed.
Dividend, capital allocation & guidance
Board proposes total dividend 15.0p (payout ~47%). Guidance/technical pointers for 2026 include capex £120–130m, depreciation ~£120m, net interest ~£35m, group tax rate 22–23%, working capital outflow £20–30m and expected cash dividend cost ~£55m.
Outlook
UK markets remain subdued with signs of stabilisation; Republic of Ireland outlook encouraging (NDP funding); US supported by infrastructure spend though residential remains uncertain. Management remains focused on operational excellence, targeted bolt‑on M&A and disciplined capital allocation to be ready for market recovery.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1322 M
Market cap (USD)
1,142,768
Daily traded volume (Shares)
4.44 / 4.355
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
