UK's Breedon 2025 revenue slightly misses estimates, raises  FY dividend

Breedon

11/03/2026 07:13

Overview

UK construction materials supplier's 2025 revenue rose 9%, slightly missing analyst expectations

Basic EPS fell 14% to 24.2p, reflecting lower profitability and amortisation of acquired intangibles

Company generated record free cash flow and raised full-year dividend

Outlook

Breedon says UK construction market indicators remain subdued, but signs of stabilization are emerging

Company sees encouraging outlook in Ireland, with NDP funding allocated for infrastructure investment

Breedon says US Midwest infrastructure spending plans are supportive, but residential outlook remains uncertain

Result Drivers

ACQUISITIONS - Revenue growth supported by Lionmark acquisition in US and full-year contribution from BMC

COST SAVINGS - Operational excellence initiatives delivered over £20m of savings, helping maintain margins

SUBDUED DEMAND - Like-for-like revenue declined 3% due to lower volumes in Great Britain and project deferrals in Ireland

Company press release: ID:nRSK1200Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 1.71 bln
GBP 1.72 bln (12 Analysts)
FY Basic EPS
GBP 0.24
FY Pretax Profit
GBP 105.30 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for Breedon Group PLC is GBp441.50, about 37.2% above its March 10 closing price of GBp321.80

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)