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News Breedon Group increases sales and earnings

Breedon Group increases sales and earnings

Written by Global Cement staff 09 March 2023
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UK: Breedon Group's sales were Euro1.57bn in 2022, up by 13% year-on-year from Euro1.39bn in 2021. Its earnings before interest and taxation (EBIT) rose by 16% to Euro166m from Euro143m. The group increased its cement volumes by 9.1% during the year, to 2.4Mt from 2.2Mt.

Breedon Group said "The outlook for the cement market is positive, underpinned by large ongoing infrastructure projects in the UK. In Ireland, housing and infrastructure are supported by the government’s development plans to accommodate a rapidly growing population."

Last modified on 15 March 2023
Published in Global Cement News
Tagged under
  • UK
  • Breedon Group
  • Results
  • volumes
  • growth
  • Ireland
  • Infrastructure
  • homebuilding
  • construction
  • market
  • demand
  • Government
  • population
  • Outlook
  • GCW599
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