Cement News tagged under: Breedon Group

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Breedon Group closes operations in Ireland

01 April 2020, Published under Cement News

Breedon Group has announced the temporary closure of its plants in the Republic of Ireland, including its Kinnegad cement plant, with the exception of those serving health projects or critical road and utility infrastructure. The closure is in addition to other measures announced last week and follows the Irish government introducing restrictions on non-essential businesses from 27 March. "Our priority remains the health and wellbeing of our colleagues, subcontractors, customers and co...

Breedon announces COVID-19 mitigation measures

27 March 2020, Published under Cement News

Breedon Group, based in Great Britain and Ireland, has announced a series of measures that it will undertake to mitigate the impact of COVID-19. "In light of recent government measures, and to ensure the safety and wellbeing of our colleagues, subcontractors, customers and communities, we have decided temporarily to suspend production at our UK sites, with the exception of our Hope cement plant and those of our operations which serve critical supply needs. During the course of this week we ...

Breedon shareholder plans to sell up to 8.3% stake

07 November 2019, Published under Cement News

Breedon Group Plc shareholder M1 Cement Holding Ltd plans to sell up to 8.3 per cent of the company’s issued share capital via a secondary placing, according to brokerage JP Morgan Securities Plc. M1 Cement plans to sell up to around 139.7m shares in the British construction-materials company. The price of the placing will be determined through an accelerated bookbuild process to institutional investors, the brokerage said. Breedon shares closed 0.6 per cent higher at 65.40 pence on Tue...

Breedon Group reports 18% revenue increase

26 July 2019, Published under Cement News

UK-based Breedon Group has reported an 18 per cent YoY rise in revenue to GBP447.4m for the first six months of 2019. Pretax profit advanced 30 per cent to GBP39.5m, compared to GBP30.4m in the 1H18. Ready-mix concrete volumes fell five per cent from 1.6Mm 3 to 1.5Mm 3 , but cement sales were up from 0.9Mt to 1Mt in the 1H19. The company also saw aggregate sales climb six per cent to 9.9Mt from 9.3Mt. "The period began well, with benign weather in the first quarter and generally healthy...

Breedon 1H17 results boosted by Hope contribution

20 July 2017, Published under Cement News

Breedon Group plc, the UK’s largest independent construction materials group, announces its unaudited interim results for the six months ended 30 June 2017, reporting a strong profit improvement from former Breedon Aggregates business and robust contribution from former Hope Construction Materials. The former Breedon Aggregates business posted a strong profit improvement, even after taking into account the shutdowns of both Hope kilns for planned annual maintenance and upgrade during the ...