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IN BRIEF: Breedon records quarterly growth and recovers cost inflation

ALN

Breedon Group PLC - Derby, England-based construction materials company - Records reported and like-for-like revenue growth of 16% in the first quarter ended March 31 over the same period in 2021. Says it started the year well with order intake and volumes following ‘usual seasonal patterns.’ Says it recovered input cost inflation in the period through ‘dynamic pricing.’ Adds that its end markers remain supportive. Continues to trade in line with expectations.

Current stock price: 81.57 pence, up 1.0% on Thursday

12-month change: down 20%

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