Company
Breedon Group Plc
LON:BREE
Breedon Group plc is the largest independent construction materials group in the country, with the UK's largest cement plant, nearly 60 quarries, 27 asphalt plants and around 200 ready-mixed concrete plants, serving England, Wales and Scotland. The group has exceptionally strong asset backing, with more than 750 million tonnes of mineral reserves and resources. Breedon Holdings Limited, whose trading history dates back to 1996 as the former Ennstone plc, was acquired by Breedon Aggregates Limited (formerly Marwyn Materials Limited) on 6 September 2010. In August 2016 the company completed the acquisition of Hope Construction Materials Limited and changed its name to Breedon Group plc. Breedon is a public company listed on the Alternative Investment Market (AIM) of the London Stock Exchange, with a range of investors including a number of leading UK financial institutions which have recognised the opportunity to support the group's strategy to grow organically and through consolidation of the smaller end of the UK heavyside building materials sector.
84 stories
FTSE 100 makes gains as Shell, BP buoyed by oil spike; JD Sports slumps
The FTSE 100 ticked up on Thursday, led by Halma
Builders and building materials
Breedon on track for record earnings after passing through price rises
Revenues were up 16% in the four months to the end of October
Breedon and Devro offer updates, Friday's Agenda
Collagen based products seller Devro and construction company Breedon Group offer updates in a quiet day of announcements
Builders and building materials
AIM dividends continue to recover but growth expected to slow further
Around 29% of AIM companies are expected to pay dividends this year, Link said, down from around a third before the pandemic
Construction materials companies face tough time passing on cost increases, says Morgan Stanley
Soaring energy costs are likely to hit the sector, but FTSE 100 listed CRH could be the least badly hurt
Archive
FIVE AT FIVE: All the day’s City news including Zoom, AO World, Pets At Home and two City veterans slug it out over an unheard of fund
Here’s Proactive’s round-up of the day’s news with helpful links taking you to our up-to-the-minute news analysis.
Builders and building materials
Breedon needs to find remedies after CMA finds problems with Cemex acquisition
Analysts at broker Peel Hunt said “the number of markets is slightly higher than we would have expected”
Polypipe downgraded as coronavirus creates new drivers for building materials - analyst
New-build residential construction is a worry for the analysts, whose top picks include Breedon and Volution
Builders and building materials
SigmaRoc expands Welsh portfolio with purchase of stake in quarrying group GD Harries
SigmaRoc said it will purchase a 40% stake in GDH for £4.89mln with an option to acquire the remaining 60% for £7.5mln before 31 August 2020
FTSE 100 closes firmly to the good despite EU tensions
Mid-cap cousin FTSE 250 was also higher. It surged over 218 points to close at 18,584.
Archive
Pre-Thanksgiving smorgasbord as plethora of blue-chips report
A relative cornucopia of firms are scheduled to report results on Wednesday ahead of the US holiday, with a sprinkling of and UK and US economic data to taste
Archive
UK investors will have plenty of updates to chew over in the coming week as turkeys are prepared for US Thanksgiving
Aside from the inevitable Brexit drama, the Week Ahead will be dominated by another batch of corporate updates from the likes of Kingfisher, Centrica, easyJet, and Compass Group
Shearwater reveals second purchase under new management, with the £0.6mln acquisition of Newable Consulting
The AIM-listed firm said it will pay an additional consideration payment of up to £0.1mln for Newable, a leading UK-based provider of risk, technology, governance, cyber security assurance and advisory services subject to future performance
Archive
Proactive news summary: TekCapital, Nanobiotix , Ergomed ...
A summary of small cap news stories on the Proactive wires today
Builders and building materials
Breedon taps into booming Birmingham market with latest buy
Breedon Southern already runs a mini mix business, 1stMix, in the East Midlands
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Proactive news round-up: Collagen Solutions, Sound Energy, Europa Oil & Gas …
A glance at some of the stories on the Proactive newswire today
Builders and building materials
Breedon confident of meeting market expectations in buoyant construction market
Breedon is continuing to invest in capacity and operational improvements across the group
Shearwater Group - the former Aurum Mining – reveals reverse takeover of authentication software firm SecurEnvoy
The AIM-listed firm is to acquire SecurEnvoy for £20mln, to be satisfied by £10mln in cash and £10mln through the issue of 200mln new shares at a price of 5p each
Archive
Proactive weekly mining news – Kodal Minerals, Asiamet, W Resources…
A look at the week’s highlighted news for the junior miners
Builders and building materials
Numis reiterates an 'add' rating for Breedon Group after robust full year results
Numis expects Breedon will deliver sustained organic double digit growth in earnings after full year profits soared
Restaurant Group back on menu on signs of stability
Some of the top rises and falls in London at 3.30pm: Restaurant Group, Inmarsat, Graphene Nanochem
Builders and building materials
Breedon Group PLC's profits surge in "transformational" 2016
The group said the integration of Hope is well advanced and synergies have accelerated.
Investments and investor services
FTSE 100 ended lower despite sterling weakness and Budget boost to builders
FTSE 100 shares ended down on Wednesday with sterling nursing a seven-week low despite a lift for construction stocks following the UK Finance Minister’s Budget pledge of a mini Trump boost to infrastructure
Builders and building materials
Breedon in the thick of UK building materials consolidation says broker
Aggregates and building materials will be a long-term beneficiary of rising UK infrastructure spend
Archive
Proactive weekly mining news, including IronRidge Resources, Kolar Gold and more
IronRidge Resources Limited revealed it is increasing its gold footprint in the Ivory Coast
Archive
Proactive news round-up: Futura Medical , Gfinity, Sound Energy ...
A glance at some of the stories on the Proactive newswire today
Builders and building materials
Breedon a 'buy', says Berenberg
The aggregates group would not be immune to any Brexit-inspired slowdown, but the acquisition strategy offers hope of continued strong growth
Aurum Mining takes next step towards cyber security focus with cash raising, name change
The AIM-listed group said it is launching a placing of up to 150 million shares at 4p each, in order to raise £6mln in cash to fund its initial pipeline of acquisition targets.
Could pigs fly … What next for Aurum Mining?
Punters pushed shares in Aurum Mining 10% higher today as speculation on what the gold and tungsten explorer’s new management team might be planning to diversify in to was further stoked by a new board appointment
Archive
Proactive mining highlights, including Sirius Minerals, Mariana Resources and more
A look at some news highlights form the junior mining sector
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Proactive news round-up: Breedon Aggregates, C4X Discovery, Advanced Oncotherapy..
A glance at some of the headlines on the Proactive newswire today
Builders and building materials
Breedon's growth story continues with £15.7mln Sherburn acquisition
Breedon Group supplies construction materials and has now expanded its geographical footprint
Builders and building materials
Breedon cements its position in construction materials market
Breedon is clearly on the right road and has cemented its position as the UK's largest independent construction materials group
Builders and building materials
Breedon completes acquisition of Hope
Upon completion of the deal, Amit Bhatia, Hope's chairman, was appointed to the Breedon board of directors as a non-executive director.
Archive
Proactive mining highlights: Armadale, Breedon, Diamoncorp, KEFI, Mkango, Medusa, Sierra Rutile and more...
A round up of the week's mining headlines from Proactive.
Archive
Brokers: IAG a "cause for concern" says Liberum
For analysts at Liberum there were some “causes for concern” at British Airways owner IAG
Builders and building materials
Breedon Aggregates gets clearance to buy Hope
Deal will create the UK's largest independent construction materials group.
Archive
Proactive mining highlights: Anglo American, Breedon, Diamoncorp, Metminco, SolGold and more...
Weekly round up of mining news from the world of Proactive.
Archive
Brokers: Direct Line, Legal & General under scrutiny
Insurers were in the firing line on Thursday after Barclays released a report giving its assessment of the UK and European insurance market post-Brexit
Proactive news round-up: Fastjet, Metminco, Breedon Aggregates...
A round-up of small cap newswire storiest today on Proactive
Builders and building materials
Breedon Aggregates profits up as it brushes aside Brexit fears
Breedon is the largest independent aggregates business in the UK
Breedon Aggregates Ltd tipped to do well in first half
Building materials company expected to announce good performance south of the border
Archive
Proactive news highlights: Featuring Hummingbird Resources, Shanta Gold and Breedon Aggregates
Hummingbird begins detailed engineered at Yanfolila; Shanta Gold exploration yields some encouraging results; Breedon Aggregates proposes a name change; and more…
Proactive news highlights: Featuring Tissue Regenix, Plexus Holdings and Condor Gold
Tissue Regenix agrees a three-year contract; Plexus Holding chief buys £200,000 worth of shares; Condor Gold identifies a potential gold-bearing corridor; and much more…
Archive
Proactive mining highlights: Ariana, Alecto, Breedon, Kibo, Mkango and more...
This week's mining industry news from Proactive Investors.
Proactive news highlights: Breedon Aggregates, Capital Drilling, Haydale, Scancell and more...
Strategic Minerals begins drilling in Australia, Haydale agrees a partnership with plasma reactor group and Scancell has a management reshuffle.
Archive
Proactive mining highlights: Aureus, Botswan Diamonds, Gemfields, Tembo Gold, Red Rock...
The weekly wrap up of small cap mining news from Proactive.
Archive
Next forecasts lopped again after crazy April weather
Also featured: ITV, Clinigen, Breedon Aggregates
Builders and building materials
Breedon Aggregates trading in line
The company is confident of meeting market expectations this year on the back of a pick-up in construction activity
Archive
Proactive news highlights: Anglo Asian Mining, Breedon Aggregates, Keywords Studios and more
New licence deals for Tekcapital, the largest deal to date for Keywords and successful well testing for Lekoil.
Archive
Proactive news highlights: Breedon Aggregates, Ergomed, Mariana Resources ...
Strong order pipeline for Ergomed, Breedon Aggregates plans to address concerns and Mariana Resources withdraws from its Suriname gold project.
Builders and building materials
Breedon Aggregates unsurprised by CMA decision on Hope acquisition
Breedon said the verdict was not unexpected, and it now has a short period in which to submit proposals that would placate the CMA.
Archive
Proactive news summary: Abzena PLC, Breedon Aggregates Ltd, Noricum Gold Ltd and more...
Metal Tiger chairman Terry buys £50,000 worth of shares in the AIM listed resources investor, news from Horse Hill and an update of Abzena's acquisitions.
Builders and building materials
Breedon Aggregates Ltd set to build on successful 2015
Construction material company says outlook is encouraging despite global economic turbulence
Builders and building materials
Breedon Aggregates Ltd racks up record annual results
Building materials supplier boosted profits by nearly half last year
Investments and investor services
Proactive news highlights: Abzena, Motif Bio, CloudTag, Stellar and more...
Big news from ANGLE, Breedon Aggregates and Shanta Gold too.
Builders and building materials
Breedon Aggregates is crushing it
The echos of Auld Lang Syne have barely faded, and already Breedon Aggregates has two chunky contract wins north of the border
Builders and building materials
Breedon Aggregates on the road again
After landing a record-breaking £55mln road deal earlier this month, Breedon has secured another contract north of the border, this one for £10mln.
Investments and investor services
Proactive news highlights: Breedon Aggregates, First Property, JKX Oil and more
Forte Energy, Ferrexpo and MX Oil were also in the news on Thursday
Builders and building materials
Breedon Aggregates' largest ever contract a real prize, broker says
The Aberdeen Western Peripheral Route/Balmedie-Tipperty (AWPR/B-T) project is currently the UK's longest roads construction project
Archive
FTSE100 finishes higher as traders eye Fed minutes
London’s blue-chips turned higher as the day wore on to finish ten points higher.
Archive
Proactive news highlights - DekelOil, Falcon Oil & Gas, Telit Communications.....
A notable riser on a grey day was DekelOil, whose shares gained 15% after it confirmed that its palm kernel crushing plant is now in commercial production and sales have begun.
Most followed: Sky, Mog the Cat, UK coal, Breedon ...
A look at some of Wednesday's trending financial stories...
Builders and building materials
Breedon cements place as top independent with £336mln deal
The acquisition is expected to be “double digit accretive” to earnings per share as well as resulting in £10mln of cost savings.
Builders and building materials
HeidelbergCement UK performance buoys Breedon - analyst
The growth figures quoted don’t seem spectacular, but for companies feeding the UK construction sector, they are right up there.
Builders and building materials
Breedon Aggregates to sustain pace says Cantor
Breedon had strong momentum in the first half and Cantor expects this to continue over the remainder of the year.
Investments and investor services
Proactive new summary including Aminex, Solo Oil Fastjet, Kibo Mining, IGas, Asiamet and more...
A flurry of announcements from the consortium involved in Horse Hill got investors excited today.
Investments and investor services
Proactive news highlights: African Potash, Ariana, Xtract, Rightster, Epistem, IGas, Sirius and more
There was a lot of big news in the world of small caps today.
Builders and building materials
Breedon Aggregates tipped to continue its outperformance
Breedon Aggregates had a bumper first half of the year and is tipped by broker Cantor Fitzgerald to continue outperforming.
Halfords' cycling business is expected to disappoint
Halfords, Associated British Foods, Breedon, Fidessa and Vedanta were all in Tuesday’s broker spotlight
Archive
Proactive news summary, including Atlantic Coal, Breedon Aggregates, ANGLE, cloudbuy, Madagascar Oil and Tethys Petroleum
Atlantic Coal shares advanced on Thursday as it saw anthracite sales rise strongly...
Builders and building materials
Breedon Aggregates confident after bumper first half
Buoyant demand, good weather, acquisitions chipping in and the fall in oil prices all contributed.
Investments and investor services
Thursday's agenda: Unilever to serve up mixed fare
Marmite may divide opinions but most people agree the brand's owner, Unilever, is a bit of a stodgy but reliable pudding of a company.
Investments and investor services
Week Ahead: Emerging markets growth a concern at Unilever
Property companies feature heavily this week, but the man in the street may be more interested in an update from consumer goods giant Unilever, maker of the mighty/manky Marmite.
‘One tenth-baggers’ sour AIM’s record suggests Peel Hunt
Since the financial crisis in March 2009, Aim’s All Share Index had risen by a decent looking 105%.
Builders and building materials
Breedon Aggregates' growth to continue, says Cantor Fitzgerald
Cantor, which has just started coverage, reckons its track record with these deals “sets the bar for value creation from asset purchases”.