Breedon Group (BREE.L, BREE LN)

  • 1372.8
  • 1686.5
  • 77.5
  • BREEDON GROUP

    Closing Price (p): 81.4

  • RATING 22/11/19

  • PREVIOUS RATING 25/10/17

    NEUTRAL

Company Profile

Breedon is a 100% UK-exposed heavyside company with operations in England, Scotland and Wales. We estimate the group is the fifth-largest player in the UK heavyside market and the largest independent UK operator with a market share of 6-15% across aggregates, cement, ready-mix concrete and asphalt. We forecast 2017 revenues of £669.3m and EBITDA of £115.5m (17.3% margin). Breedon is AIM-listed with a market cap of c.£1bn.


Major Shareholders%
Invesco Asset Mgmt9.8
Abicad Holding Ltd9.8
Columbia Threadneedle8.7
Lansdowne Partners8.3
Woodford Investment 7.2