Breedon Group PLC (GB:BREE)
LSE:BREE
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Breedon
(LSE:BREE)
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Rating:69Neutral
Price Target:
332.00 p
▲(9.35% Upside)
Action:DowngradedDate:03/12/26
The score is driven primarily by solid financial performance (steady growth and strong operating cash flow, but higher 2025 leverage and uneven FCF conversion) and very supportive valuation (low P/E and high dividend yield). Technicals are a secondary drag due to price trading below key moving averages and negative MACD.
Positive Factors
Revenue Growth
Consistent mid-single to double-digit annual top-line growth from 2022–2025 reflects durable demand for construction materials in the UK and Ireland. This supports sustained quarry and plant utilization, improves visibility on volumes, and enables ongoing reinvestment in capacity and maintenance over the medium term.
Negative Factors
Rising Leverage
The pronounced increase in debt in 2025 materially raises leverage versus prior conservative levels, increasing interest and refinancing risk. Higher indebtedness reduces balance-sheet flexibility to pursue opportunistic capex or M&A and magnifies downside in the event of weaker construction activity or margin compression.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent mid-single to double-digit annual top-line growth from 2022–2025 reflects durable demand for construction materials in the UK and Ireland. This supports sustained quarry and plant utilization, improves visibility on volumes, and enables ongoing reinvestment in capacity and maintenance over the medium term.
Read all positive factors
Breedon (BREE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.05B
Dividend Yield4.47%
Average Volume (3M)1.30M
Price to Earnings (P/E)13.6
Beta (1Y)1.02
Revenue Growth7.83%
EPS Growth-7.40%
CountryUK
Employees4,500
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)0.16
Shares Outstanding346,676,400
10 Day Avg. Volume1,251,320
30 Day Avg. Volume1,303,759
Financial Highlights & Ratios
PEG Ratio-0.95
Price to Book (P/B)0.95
Price to Sales (P/S)0.66
P/FCF Ratio10.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£436.33Price Target Upside43.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.31
Revenue Forecast (FY)£1.77B
Breedon Business Overview & Revenue Model
Company Description
Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products in the United Kingdom and internationally. The company offers various aggregates, such as crushed ro...
How the Company Makes Money
Breedon makes money primarily by selling construction materials and related services to customers in the construction and infrastructure value chain. Key revenue streams include: (1) Aggregates: sales of crushed rock, sand, and gravel produced fro...
Breedon Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.71B | 1.58B | 1.49B | 1.40B | 1.23B |
| Gross Profit | 140.30M | 1.27B | 1.22B | 486.20M | 428.40M |
| EBITDA | 278.80M | 262.10M | 241.90M | 230.90M | 214.60M |
| Net Income | 83.80M | 96.20M | 105.50M | 112.50M | 78.50M |
Balance Sheet | |||||
| Total Assets | 2.36B | 2.11B | 1.87B | 1.79B | 1.67B |
| Cash, Cash Equivalents and Short-Term Investments | 115.50M | 28.90M | 126.90M | 101.70M | 83.90M |
| Total Debt | 642.80M | 434.20M | 296.80M | 299.40M | 296.40M |
| Total Liabilities | 1.16B | 943.40M | 762.10M | 742.00M | 719.70M |
| Stockholders Equity | 1.20B | 1.17B | 1.11B | 1.04B | 949.60M |
Cash Flow | |||||
| Free Cash Flow | 111.00M | 70.40M | 86.90M | 61.20M | 117.20M |
| Operating Cash Flow | 231.10M | 201.70M | 193.70M | 168.00M | 194.10M |
| Investing Cash Flow | -270.40M | -296.20M | -120.40M | -112.90M | -75.50M |
| Financing Cash Flow | 82.30M | -3.00M | -46.60M | -38.00M | -65.90M |
Breedon Technical Analysis
Negative
303.60
Price Trends
337.38
Negative
332.35
Negative
345.48
Negative
Market Momentum
-10.30
Positive
36.06
Neutral
26.53
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BREE, the sentiment is Negative. The current price of 303.6 is below the 20-day moving average (MA) of 319.22, below the 50-day MA of 337.38, and below the 200-day MA of 345.48, indicating a bearish trend. The MACD of -10.30 indicates Positive momentum. The RSI at 36.06 is Neutral, neither overbought nor oversold. The STOCH value of 26.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BREE.
Breedon Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £1.05B | 13.59 | 7.14% | 4.47% | 7.83% | -7.40% | |
62 Neutral | £331.79M | 23.01 | 7.33% | 2.13% | 15.99% | 96.05% | |
62 Neutral | £64.37M | 21.11 | 3.91% | 5.35% | -0.29% | -33.41% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | £1.32B | 17.54 | 10.11% | ― | 32.27% | ― | |
53 Neutral | £361.91M | 11.50 | 2.91% | 4.18% | 1.31% | 10.19% | |
48 Neutral | £411.48M | 179.13 | 0.79% | 2.39% | 5.58% | 66.49% |
* Basic Materials Sector Average
GB:BREE
Breedon
303.60
-100.39
-24.85%
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158.60
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Breedon Corporate Events
Regulatory Filings and Compliance
Breedon Updates Total Voting Rights After Share Allotment
Neutral
Mar 31, 2026
Breedon Group has confirmed that its issued share capital now comprises 346,676,387 ordinary shares of £0.01 each, all carrying voting rights and none held in treasury, providing the new denominator for investors’ disclosure requirement...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Breedon Publishes 2025 Annual Report and Sets Date for 2026 AGM
Positive
Mar 23, 2026
Breedon Group plc has published its 2025 Annual Report and Accounts and the notice of its 2026 Annual General Meeting, making both documents available to shareholders via its website in XHTML format with Inline XBRL, in line with disclosure rules....
Business Operations and StrategyFinancial Disclosures
Breedon urges UK to ‘Back British Cement’ with policy push on imports and carbon
Positive
Mar 11, 2026
Breedon Group has launched a British Cement Advocacy campaign, branded “Backing British Cement”, alongside its 2025 results to promote the strategic importance of domestically produced cement to UK housing, infrastructure and green ene...
Business Operations and StrategyDividendsFinancial Disclosures
Breedon lifts revenue and cash flow as it streamlines operations and backs cement decarbonisation
Positive
Mar 11, 2026
Breedon Group reported 2025 revenue up 9% to £1.71bn and modest underlying EBITDA growth, driven by the Lionmark acquisition and a full-year contribution from BMC, despite like-for-like declines in UK volumes and project deferrals in Ireland....
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
Breedon Group schedules live online briefing on 2025 annual results
Positive
Mar 4, 2026
Breedon Group will host a live online presentation of its 2025 annual results via the Investor Meet Company platform on 12 March 2026, led by chief executive Rob Wood and chief financial officer James Brotherton. The event, open to existing and po...
Regulatory Filings and Compliance
Breedon Confirms Total Voting Share Capital for Regulatory Transparency
Neutral
Feb 27, 2026
Breedon Group plc has confirmed its current issued share capital and voting rights, stating that as of 27 February 2026 it has 346,676,387 ordinary shares in issue, with none held in treasury. This disclosure, made in line with UK financial transp...
Private Placements and FinancingRegulatory Filings and Compliance
Breedon Issues New Shares Under Employee Savings Option Scheme
Neutral
Feb 11, 2026
Breedon Group has issued 33,839 new ordinary shares of £0.01 each under its 2020 five-year Savings Related Share Option Scheme, reflecting the exercise of options by eligible participants. The new shares, which fall within an existing block a...
Regulatory Filings and Compliance
Breedon Leaves Employee Share Scheme Balance Unchanged in Latest Block Listing Update
Neutral
Jan 30, 2026
Breedon Group plc has reported that, over the period from 28 December 2025 to 18 January 2026, there were no shares issued or allotted under its suite of employee and management equity incentive arrangements, including its savings-related share op...
Business Operations and StrategyFinancial Disclosures
Breedon sets date for 2025 results and aligns reporting with new country-based structure
Neutral
Jan 30, 2026
Breedon Group plc has scheduled the release of its annual results for the year to 31 December 2025 for 11 March 2026, accompanied by an in‑person and webcast earnings presentation for analysts and investors in London featuring its chief exec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.