Cement News tagged under: Breedon

RSS feed

Breedon reports uptick in revenue in 1H24

24 July 2024, Published under Cement News

Breedon Group has announced underlying revenue of GBP764.6m (US$985.9m) in the first half of 2024, up three per cent from GBP742.7m in the same period a year earlier. According to the company, this has been supported by its entry into the US. Underlying EBITDA over the same time frame has advanced five per cent to GBP118.1m, while the EBITDA margin has risen slightly from 15.1 per cent in the 1H23 to 15.4 per cent in the same period a year later. Underlying profit before tax has declined s...

Breedon enters US with BMC Enterprises acquisition

07 March 2024, Published under Cement News

Breedon Group has announced its acquisition of BMC Enterprises Inc (BMC) for US$300m, marking the group’s entry into the US. BMC is a supplier of ready-mixed concrete, aggregates and building products, headquartered in St Louis, Missouri. The deal gives Breedon the opportunity to launch a scalable third platform. "This transaction will give us a platform that is well-placed to grow in the highly-fragmented US construction market, is culturally aligned with Breedon and has a familiar pe...

Breedon posts record revenue in 2023

06 March 2024, Published under Cement News

Breedon Group has announced record revenue of GBP1487.5m (US$1893.5m) in 2023, up seven per cent from the GBP1396.3m seen in the previous year. EBIT over the same period declined two per cent from GBP148m to GBP145.7m, while profit before tax slipped one per cent from GBP135.8m to GBP134.4m. According to the company, the record revenue was due to improved pricing, which offset a two per cent reduction in volumes, reflecting the challenging macroeconomic conditions.  In terms of volumes,...

Breedon launches 2024 apprenticeship programme

02 February 2024, Published under Cement News

Breedon Group plc (Breedon or the Group), a leading vertically-integrated construction materials group in Great Britain and Ireland, has announced the launch of its 2024 apprenticeship programme that will see 40 new apprentices join the group in September.  The programme, which aims to equip participants with the skills and knowledge required to excel at a career in the building materials sector, invites applicants to apply from 1 February 2024. Successful applicants will have the opportu...

GCCA releases its Cement Industry Net Zero Progress Report 2023

04 December 2023, Published under Cement News

The Global Cement & Concrete Association (GCCA) has released its Cement Industry Net Zero Progress Report 2023 providing an update on global action and progress by the GCCA and its member companies. Initiatives featured include development of carbon capture, utilisation and storage (CCUS), increasing use of alternative energy sources and research into new materials and technology. The new report comes two years after the launch of its Concrete Future 2050 Roadmap for Net Zero Concrete.  F...

Breedon posts 8% growth YoY in 10M23

22 November 2023, Published under Cement News

Breedon Group has reported eight per cent growth in revenue YoY in the first 10 months of 2023, driven by robust pricing and operational excellence, that more than offset the effect of moderating volumes. According to the company, changes to building regulations in the UK that came in in June, impacted ready-mixed concrete (RMC) volumes, while aggregate and asphalt volumes have continued to moderate. “However, pricing has been sustained and we have maintained tight control over our cos...

Breedon Ireland reports 48% profit growth in 2022

16 October 2023, Published under Cement News

Breedon Ireland , the Irish cement-making business of the UK-based Breedon Group , reported profit of EUR21.5m in 2022, up 48 per cent from EUR14.5m in the previous year. Revenue over the same period advanced 21 per cent to EUR72.8m, according to Irish Independent. The results come despite higher energy prices and fears over what impact the government’s planned concrete levy would have on the residential construction market. In 2022 the Irish government announced a five per cent concret...

Breedon delivery confirms commitment to Welsh growth

09 October 2023, Published under Cement News

Breedon Group has recently received its first cargo of dredged sand at its new wharfside at Associated British Port's Port of Cardiff in Wales, UK. According to the company, this new lease agreement and Breedon’s extended presence at the Port of Cardiff is indicative of the group's continued support of the construction industry in Wales and Breedon’s strategic vision of further contributing to the region’s growth. 

First Graphene reports positive results from graphene-enhanced cement trials

04 October 2023, Published under Cement News

First Graphene has announced positive results from the initial phase of the company’s graphene-enhanced cement trials in the UK. Approximately 600t of graphene-enhanced cement was produced at the UK's largest cement processing facility, operated by Breedon Cement . Graphene was consistently dosed and dispersed into a cement grinding mill using standard process equipment. It was reported that during the production trials, the PureGRAPH® enhanced grinding aid performed adeptly, maintainin...

MNZ Cluster signs MoU with Peak Cluster

29 September 2023, Published under Cement News

The Morecambe Net Zero (MNZ) Cluster, a planned carbon dioxide storage facility off the coast of Barrow-in-Furness, has entered into a Memorandum of Understanding (MoU) to explore storage opportunities for CO 2 captured by the Peak Cluster. Together, MNZ and Peak Cluster will accelerate the UK’s journey to net zero.   Peak Cluster is a collaboration decarbonising the heart of the UK’s cement and lime industry. Located in Derbyshire and Staffordshire along with neighbouring industries ...