An announcement from Breedon ( (GB:BREE) ) is now available.
Breedon Group PLC reported record underlying results for 2024, surpassing expectations despite challenging market conditions. The successful integration of BMC and strategic cost controls contributed to a 6% revenue increase, driven by entry into the US market. The company expanded its operations with acquisitions in the US and Great Britain, enhancing its market position and operational efficiency. Breedon remains optimistic about future market recovery and continues to prioritize growth opportunities, particularly in the US, while maintaining a strong financial framework.
More about Breedon
Breedon Group PLC is a leading vertically-integrated construction materials group operating in Great Britain, Ireland, and the United States. The company specializes in the production and distribution of construction materials, including aggregates, cement, and asphalt, with a focus on expanding its market presence and capabilities through strategic acquisitions.
YTD Price Performance: -1.68%
Average Trading Volume: 662,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.51B
For detailed information about BREE stock, go to TipRanks’ Stock Analysis page.