Breedon

Construction materials group Breedon has said the improving trends reported in its September trading update have continued into the fourth quarter, with group revenues in both September and October ahead of the same period in the prior year, on a like-for-like basis.

Construction materials supplier Breedon has agreed the disposal of certain assets to Tillicoultry Quarries Limited for £12.2 million on a cash and debt free basis as it moves to address competition concerns regarding its acquisition of around 100 sites from Cemex.

Pat Ward has announced his intention to retire as group chief executive at Breedon and a director of the company next year. It is anticipated that he will be succeeded by Rob Wood, Breedon’s group finance director.

Construction materials company Breedon Group today reported that its improving trend in trading performance for June and July has continued into August.

Construction materials supplier Breedon is to offload two quarries and a cement terminal in Scotland in an effort to address competition concerns regarding its £178 million deal to buy around 100 Cemex sites around the UK.

Breedon’s proposed purchase of certain Cemex assets will raise competition concerns, and result in higher prices for materials in the East of Scotland, the Competition and Markets Authority (CMA) has warned as it set a five-day deadline for the concerns to be addressed.

Construction materials supplier Breedon has completed its acquisition of certain UK assets and operations of global firm Cemex.

Building materials supplier Breedon is planning to reopen some of its sites during the coming weeks in areas of customer demand.

Construction materials firm Breedon Group has temporarily suspended production at its UK sites, with the exception of its Hope cement plant and those operations which serve critical supply needs.

Construction materials giant Breedon has reported revenue of £929.6 million for the 12 months to 31 December 2019, up from £826.7m, as pre-tax profits leapt from £79.9m to £94.6m over the same period.

Construction materials supplier Breedon has reached an agreement to buy certain UK assets and operations of global firm Cemex for a total consideration of £178 million.

A contribution from the former Lagan Group has helped Breedon deliver increased revenues, improved underlying EBIT and continuing robust cash generation for the ten months to 31 October 2019.

Construction materials supplier Breedon has announced its intention to move the tax domicile of the group from Jersey to the United Kingdom.

Construction materials group Breedon has appointed Nigel Clamp as group head of health, safety and environment. Mr Clamp joins Breedon from Heidelberg Cement, where he was health & safety director for the company’s Africa & Eastern Mediterranean Basin Region. He was previously senior s

Quarrying and construction materials group Breedon has declared itself “pleased” with its business in Scotland over the past six months in the face of “subdued market conditions” north of the border.