Breedon Group (LON:BREE) Announces Quarterly Earnings Results

Breedon Group (LON:BREE) issued its earnings results on Wednesday. The company reported GBX 31.80 earnings per share for the quarter, Digital Look Earnings reports. Breedon Group had a return on equity of 7.73% and a net margin of 5.51%.

Here are the key takeaways from Breedon Group’s conference call:

• Reported revenue and EBITDA rose (assisted by U.S. acquisitions) and the group generated a record post‑COVID free cash flow of GBP 133 million, reducing leverage to 1.8x and enabling a 3% higher dividend of 15p.
• UK markets were weak—concrete volumes fell to levels not seen since 1963 and GB like‑for‑like revenues declined, leaving pricing and the timing of any recovery uncertain despite margin resilience from cost savings.
• The Lionmark acquisition is substantially integrated, adding asphalt and surfacing capability and creating a more vertically integrated U.S. Midwest platform that now represents almost 20% of group revenue, with medium‑term US margins expected in the high teens.
• Cement industry risks remain material—uncertainty over the UK CBAM timing, high domestic energy costs and import competition threaten competitiveness, even as Breedon invests in decarbonisation (FEED/Peak Cluster) with modest near‑term costs.

Breedon Group Trading Up 6.0%

BREE opened at GBX 341.20 on Wednesday. Breedon Group has a one year low of GBX 300 and a one year high of GBX 498. The company has a debt-to-equity ratio of 58.21, a current ratio of 1.47 and a quick ratio of 1.12. The business has a 50 day simple moving average of GBX 341.19 and a two-hundred day simple moving average of GBX 341.40. The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 1.56 and a beta of 1.08.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Citigroup cut their target price on shares of Breedon Group from GBX 360 to GBX 340 and set a “neutral” rating on the stock in a report on Thursday, November 27th. Peel Hunt reiterated a “buy” rating and set a GBX 500 price target on shares of Breedon Group in a report on Thursday, November 20th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 476.25.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.