Breedon Group (BREE.L, BREE LN)

  • 1097.8
  • 1694.1
  • 89.9
  • BREEDON GROUP

    Closing Price (p): 64.8

  • RATING 22/11/19

  • PREVIOUS RATING 25/10/17

    NEUTRAL

Company Profile

Breedon Group is a leading vertically integrated construction materials producer in the UK and Ireland. The group is AIM-listed with a market cap of c.£1.6bn. In FY21 we expect the group to generate EBITDA of c.£213m on sales of £1.2bn. This follows the completion of its largest deals to date the acquisition of Lagan Group for £455m in April 2018 and the Cemex assets in August 2020. The group now operates 2 cement plants, >100 quarries, >50 asphalt plants, >200 RMC and mortar plants, 6 import/export terminals, 8 rail-fed depots, 9 concrete and clay product plants, 4 contract surfacing businesses and employs c.3.5k people at more than 350 sites.


Major Shareholders%
Cortolina Investments SARL9.7
Lansdowne Partners (UK) LLP9.0
Threadneedle Asset Mgt. Ltd.8.1
BlackRock Invest. Mgt (UK) Ltd.5.5
Octopus Investments Ltd.5.3