Breedon Aggregates Limited is the largest independent aggregates business in the UK after the global majors. We operate 52 quarries, 27 asphalt plants, 61 ready-mixed concrete & mortar plants and three concrete block plants in England, Wales and Scotland, employing more than 1,250 people.
The group has strong asset backing, with around 400 million tonnes of mineral reserves and resources in the UK.

Breedon Aggregates’ strategy is to continue growing through consolidation of the UK heavyside building materials sector.

We have two fully-integrated autonomous businesses, in England and Scotland, each with its own management team.

Breedon Aggregates England

Our English operations are headquartered at Breedon-on-the-Hill near East Midlands airport and employ around 450 people. Breedon Aggregates England operates 13 quarries, 7 asphalt plants and 18 ready-mixed concrete and mortar plants, serving the East & West Midlands and East Anglia, north Wales, Greater Manchester and South Yorkshire.

Our English contracting services business undertakes minor road surfacing projects as well as major infrastructure contracts, serving an area from the east coast to mid-Wales and from the M62 corridor to the South Midlands.

Breedon Aggregates Scotland

Our Scottish operations are headquartered in Dundee and employ around 550 people. Breedon Aggregates Scotland operates 24 quarries, 15 asphalt plants, 30 ready-mixed concrete plants and two concrete block plants, primarily supplying the north, west and east of Scotland including the Hebrides.

We own a 37.5% stake in BEAR Scotland, which manages the north-east, north-west and south-east trunk road networks on behalf of Transport Scotland, and also own a majority stake in traffic management services company Alba Traffic Management, the leading provider of traffic management solutions throughout Scotland.

Mobile Concrete Solutions (MCS), our joint venture with specialist construction services company TSL, offers on-site concrete batching services anywhere in the country, specialising in wind farms, hydro-electric projects, power grids and plans and offshore energy - often in extremely remote locations.




http://www.breedonaggregates.com/

StockMarketWire.com
Breedon expects underlying EBIT for the full year to be in line with current market forecasts, assuming normal weather conditions.

Breedon said it delivered another solid performance in the 10 months to the end of October.

It said both volumes and revenues were ahead of the prior year, including a full 10-month contribution from the former Hope Construction Materials business, which was part of the group for only three months in the corresponding period of 2016.

Group sales volumes of aggregates increased by 47 per cent, asphalt by 2 per cent and concrete by 99 per cent.

An update said: 'Our cement business is performing in line with our expectations.

08:30 06/12/2017
Broker Forecast - Peel Hunt issues a broker note on Breedon Aggregates
Peel Hunt today downgrades its investment rating on Breedon Aggregates (LON:BREE) to add (from buy) and raised its price target to 92p (from 90p). Story provided by StockMarketWire.com

StockMarketWire.com
Breedon has agreed to acquire four quarries and an asphalt plant from Tarmac - a CRH company - for a total consideration of £16.5 million, to be satisfied by the transfer to Tarmac of 27 of Breedon's ready-mixed concrete plants and a payment of £4.9m in cash. The deal is conditional on approval by the Competition & Markets Authority.

The operations to be acquired by Breedon comprise quarries in Scotland, Cumbria and North Wales, together with a quarry and asphalt plant in West Wales.

The ready-mixed concrete plants to be divested by Breedon are in multiple locations extending from Dumfries in Scotland to Exeter in Devon.

Breedon said the deal was in line with its strategy of expanding its aggregates portfolio, in this case adding approximately 25 million tonnes to the group's mineral reserves and resources, and furthering the development of its asphalt capacity.

It also streamlines Breedon's readymix network.

Breedon said the transaction was not expected to have a material impact on the group's earnings. Breedon group chief executive Pat Ward said: 'This deal brings significant benefits: it adds to our reserve base; it is margin-enhancing; it releases value from peripheral readymix plants; and it will enable us to replace third-party aggregates providers with our own sources of supply.

'It is also a great example of how we can work with our larger peers - in this case CRH, one of the world's most successful global building materials companies - to benefit customers and other stakeholders on both sides.'

Response to Press Speculation
RNS
RNS Number : 2035F
Breedon Group PLC
19 February 2018


BREEDON GROUP PLC ("BREEDON")
RESPONSE TO PRESS SPECULATION
Breedon notes the recent press speculation concerning a possible acquisition of all or a significant part of the Lagan Group ("Lagan"), the market leading construction materials business based in Belfast.
Breedon notes that it regularly engages with companies in its sector and it can confirm that it is in discussions with Lagan and its major shareholders in connection with a possible acquisition of a substantial part of the Lagan business. There can be no certainty that the possible acquisition will proceed, nor as to the terms of the possible acquisition. A further announcement will be made as appropriate.

Annual results

Highlights
· A year of solid progress, with improved performances from all three divisions
· Strong organic earnings growth, supplemented by contributions from acquisitions
· Significant investment in mineral assets, capacity and operational improvements
· Two bolt-on acquisitions completed
· Planned acquisition of Tarmac quarry and asphalt assets announced
· Following full integration of 2016 Hope acquisition, growth platform strengthened, with significant scale, national reach and vertical integration
· Further 25 per cent reduction in Employee Lost Time Injury Frequency Rate (LTIFR) to 1.41

Shore Capital today reaffirms its buy investment rating on Breedon Aggregates (LON:BREE) and set its price target at 78.30p.

10:10 18/04/2018
Broker Forecast - Berenberg issues a broker note on Breedon Aggregates
Berenberg today reaffirms its buy investment rating on Breedon Aggregates (LON:BREE) and raised its price target to 100p (from 90p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

StockMarketWire.com
Breedon Northern Limited, a subsidiary of construction materials group Breedon Group, said Friday it had completed the acquisition of Blinkbonny Quarry (Borders).

While the financial details of the transaction were not revealed, Breeson said the acquisition would provide it with its first quarry in the region, with approximately 2.8m tonnes of high-quality basalt hard rock reserves and resources and a fleet of ready-mixed concrete mixers and tippers together with a volumetric concrete mixer.

'Blinkbonny gives us a great opportunity to establish a presence in the Scottish Borders, through a business with long-term mineral reserves and resources,' said an Mackenzie, Managing Director of Breedon Northern.

Half year report

Highlights
· Resilient performance in challenging market: underlying EBIT margin maintained at 11.1%
· Continued strong cash generation and organic investment
· Acquisition of Lagan Group, a key strategic step outside Great Britain; integration progressing well
· Two bolt-on acquisitions completed in England and Scotland
· Further progress on safety improvement: Lost Time Injury Frequency Rate reduced from 1.41 in the first half of 2017 to 0.94 in the first half of 2018
· Completion of Tarmac asset swap on 1 July, rebalancing aggregates/readymix portfolio
· Positive outlook in Ireland offsetting continued short-term challenges of GB market
· Remain confident of meeting 2018 market expectations

Trading Update
RNS
RNS Number : 9519H
Breedon Group PLC
21 November 2018

21 November 2018

BREEDON GROUP PLC ("Breedon" or "the Group")
Trading Update

Trading performance

Breedon delivered another solid performance in the 10 months to 31 October 2018, with increased revenues, improved underlying EBIT and continuing strong cash generation, despite the challenges of a flat construction market in Great Britain ("GB") and rising input costs.

Group sales volumes of aggregates increased by 21 per cent and asphalt by 45 per cent compared with the prior year. In common with the rest of the market our concrete volumes declined, by 5 per cent. Our cement business performed in line with our expectations1.

Group revenues grew by 32 per cent to approximately £739 million, including just over six months' contribution from the former Lagan Group, which traded strongly. The integration of this business is progressing well and we remain confident of delivering the anticipated synergies.

Assuming normal weather conditions for the remainder of the financial year, the Group's underlying EBIT for the full year is expected to be in line with current market expectations2.

Outlook

Forecasters expect GB construction output to be flat in 2018 and to grow modestly next year before picking up pace in 2020. Output in Northern Ireland is forecast to increase steadily over the same period, while the Republic of Ireland is expected to deliver double-digit growth.

We continue to commit substantial investment across our business, which brings us ongoing benefits in terms of enhanced performance and improved productivity. Whilst we are mindful of the likelihood of continuing cost pressures next year, coupled with the unpredictability of the outcome of the Brexit negotiations, we have consistently demonstrated our ability to deliver value for our shareholders, irrespective of market conditions. Accordingly, sustained organic improvement, continuing strong cash generation and our broadening geographical exposure, together with the potential for further bolt-on acquisitions, give us confidence that we will make further progress in 2019.

We will announce our preliminary results for the year ending 31 December 2018 on 6 March 2019.

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