Ireland expansion keeps Breedon Group outlook rosy
5th Sep 2018 09:38
(Sharecast News) - Construction materials company Breedon Group issued its unaudited interim results for the six months ended 30 June on Wednesday, reporting a 16% rise in revenue to £378.4m.
Read moreThursday broker round-up
5th Jan 2017 12:38
(ShareCast News) - Royal Dutch Shell B: UBS reiterates buy with a target price of 2500p. Aviva: JP Morgan reiterates overweight, 553p target. B&M European: HSBC reiterates buy with a 350p target. Breedon: Berenberg reiterates buy with a 85p target. Cobham: JP Morgan keeps at neutral with a 175p t
Read moreDirector dealings: Breedon's Peter Tom sells £5.1m of shares
7th Dec 2016 15:33
(ShareCast News) - Breedon's executive chairman and a divisional chief executive pocketed a combined £5.2m after selling shares in the construction materials group a week after it announced full year earnings would be ahead of expectations. Chairman Peter Tom, founder of Breedon and 50-year aggregat
Read moreBreedon buys rival Sherburn Minerals for £15.7m
30th Nov 2016 09:16
(ShareCast News) - Construction materials company Breedon bought rival Sherburn Minerals for £15.7m, in order to gain further access to the market in the north of England. The sale will be satisfied by £9.5m in cash, funded from t existing resources, together with the assumption of £6m debt. A furth
Read moreDirector dealings: Breedon's Marwyn man takes some profits
5th Sep 2016 15:43
(ShareCast News) - Breedon Group director David Williams, who brought the company to AIM in 2008, has sold £4.8m of shares as they trade not far off their all-time high a month after the building materials group completed a transformational acquisition. Non-executive director Williams, who as boss o
Read moreCMA clears Breedon Aggregates acquisition of Hope
27th Jul 2016 15:24
(ShareCast News) - Breedon Aggregates' planned takeover of Hope cleared a major hurdle on Wednesday, with the Competition and Markets Authority accepting its undertakings in lieu of a Phase 2 investigation. The AIM-traded firm said as a result, it has been cleared to complete the acquisition, subjec
Read moreBreedon Aggregates earnings well ahead in first half
21st Jul 2016 14:09
(ShareCast News) - Independent aggregates business Breedon Aggregates posted its unaudited interim results for the six months to 30 June on Thursday, with revenue rising 2% over the period to £163m. Underlying EBIT improved 21% to £22.8m, and profit before tax was ahead 19% at £20.9m. The AIM-trade
Read moreDirectors dealings: Breedon scoops up some shares
14th Jun 2016 15:51
(ShareCast News) - Breedon Aggregates's boss moved to show faith in the company's prospects as the Brexit-related uncertainty takes its inevitable toll on economic activity in the UK and the country's construction sector. Pat Ward, who took over as company chief executive on 8 March, is looking to c
Read moreBBA Aviation non-exec director makes first share purchase
13th Apr 2016 15:41
(ShareCast News) - Peter Ventress, a non-executive director at BBA Aviation, made his first share purchase, picking up 25,763 shares at 193.06p each. Elsewhere, Breedon Aggregates' new chief executive, Pat Ward, snapped up 150,000 shares in the building materials firm at 70.50p each. The chairman o
Read moreBreedon Aggregates shares down on positive final results
9th Mar 2016 14:52
(ShareCast News) - Breedon Aggregates was laying out a year of good growth on Wednesday, publishing its audited results for the 2015 calendar year, and signalling positive expectations going forward. The AIM-traded company saw revenue grow 18.1% during the year to £318.5m, from £269.7m. Underlying E
Read moreBreedon Aggregates JV wins asphalt contract
7th Jan 2016 12:54
(ShareCast News) - Breedon Aggregates and Whitemountain have been jointly awarded a contract valued at up to £55m to supply and lay asphalt on the £745m Aberdeen Western Peripheral Route road project. The 50/50 joint venture will see the companies lay more than 500,000 tonnes of asphalt material for
Read moreBreedon Aggregates appoints Pat Ward as CEO
26th Aug 2015 10:50
(ShareCast News) - Breedon Aggregates has appointed Pat Ward as chief executive officer, to succeed Simon Vivian, who will move to a non-executive role in the company. Ward is currently CEO of Aggregate Industries Europe (AI), which is a subsidiary of LafargeHolcim, and is expected to join Breedon e
Read moreBreedon Aggregates posts strong first half; says it's set to beat full-year expectations
23rd Jul 2015 15:40
(ShareCast News) - Breedon Aggregates posted a 92% rise in first-half pre-tax profit amid growing revenue, as the company said it looks set to beat market expectations for the full year. Pre-tax profit for the six months to 30 June came in at £17.5m from £9.1m the previous year, on revenue of £160.5
Read moreBreedon Aggregates hails end of referendum uncertainty with Scottish buy
9th Oct 2014 12:14
Building materials group Breedon Aggregates is expanding into south-west Scotland by buying Barr Quarries for £21m, saying the completion of the independence referendum had removed investment uncertainty. Breedon says Barr, which has 130 staff at 11 quarries, five asphalt plants and six ready-mix
Read moreFriday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
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