Breedon Group (BREE.L, BREE LN)
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.
|Cortolina Investments SARL||9.7|
|Lansdowne Partners (UK) LLP||9.0|
|Threadneedle Asset Mgt. Ltd.||8.1|
|BlackRock Invest. Mgt (UK) Ltd.||5.5|
|Octopus Investments Ltd.||5.3|