Breedon Q1 revenues drop amid macro uncertainty, wet weather

24th Apr 2024 09:27

(Sharecast News) - Construction material group Breedon said on Wednesday that trading had been impacted by wet weather conditions throughout the first three months of the year, leading to a fall in quarterly revenues.

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Director dealings: Breedon chairman ups stake via Abicad

4th Apr 2024 15:46

(Sharecast News) - Breedon Group revealed on Thursday that chairman Amit Bhatia had purchased 1.5m ordinary shares in the London-listed construction materials firm via his interest in Abicad Holding Limited.

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London close: Stocks finish higher after Hunt's Spring Budget

6th Mar 2024 15:02

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

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Breedon buys US concrete maker BMC Enterprises for $300m

6th Mar 2024 07:17

(Sharecast News) - Construction materials group Breedon on Wednesday said it had bought US-based BMC Enterprises for an enterprise value of $300m (£238.1m).

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London close: FTSE rises on back of StanChart cheer

23rd Feb 2024 16:07

(Sharecast News) - London stocks finished with a mixed performance on Friday, as Standard Chartered underpinned the top-flight index following its announcement of a $1bn share buyback programme.

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Barclays upgrades Breedon Group to 'overweight'

23rd Feb 2024 08:15

(Sharecast News) - Barclays upgraded construction materials company Breedon Group on Friday to 'overweight' from 'equalweight' and hiked the price target to 450p from 380p.

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RBC Capital starts Breedon at 'outperform'

13th Feb 2024 07:36

(Sharecast News) - RBC Capital Markets initiated coverage on construction materials group Breedon on Tuesday with an 'outperform' rating and 575p price target.

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Berenberg slightly raises target price on Breedon

24th Nov 2023 09:57

(Sharecast News) - Analysts at Berenberg slightly raised their target price on construction firm Breedon from 430.0p to 440.0p on Friday following the group's year-to-date trading update a day earlier.

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London close: Stocks mixed as investors digest Autumn Statement

22nd Nov 2023 15:12

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

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Breedon full year ahead of expectations

22nd Nov 2023 08:40

(Sharecast News) - Construction materials group Breedon hailed a "strong" performance in the 10 months to the end of October and said the outlook for the full year was ahead of expectations.

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Breedon turns in robust first-half performance

26th Jul 2023 09:17

(Sharecast News) - Construction materials firm Breedon reported a robust first-half financial performance on Wednesday, with revenue rising 11% year-on-year to £742.7m.

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Breedon Q1 trading 'positive'

26th Apr 2023 08:51

(Sharecast News) - Construction materials group Breedon said on Wednesday that first-quarter trading had been positive, with "encouraging" levels of enquiries throughout the period.

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Berenberg nudges up target price on Breedon

20th Mar 2023 12:08

(Sharecast News) - Analysts at Berenberg nudged up their target price on construction outfit Breedon from 80.0p to 85.0p on Monday, stating there was "plenty to play for".

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Breedon reports record earnings, seeks move to main market

8th Mar 2023 07:15

(Sharecast News) - Breedon Group reported record revenue and earnings as a result of its growth strategy in its final results on Wednesday, as it unveiled its intention to move to London's main market.

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Breedon on track for record FY earnings

25th Nov 2022 08:02

(Sharecast News) - Construction materials group Breedon said on Friday that it was on track for record full-year earnings after trading conditions in the second half remained "supportive", enabling it to fully recover rising input costs through "robust pricing" and "disciplined cost management".

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