Breedon Group

Full year expectations unchanged; active M&A pipeline

  • Sectors : Building Materials
  • Companies : Breedon Group

Ratings and price correct at time of issue.

  • Breedon Group

    Closing Price: 410p

  • RATING 22/11/19

  • PREVIOUS RATING 25/10/17

    NEUTRAL

DAVY VIEW

This is a solid, if unspectacular, statement from Breedon. While revenues and underlying EBIT are trending in-line with expectations for the full year, we are encouraged by the “well-populated and active” M&A pipeline in all geographies.

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Jul 24 2024, 09:29 IST/BST

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