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News Breedon Group fights coronavirus with strong second half to 2020

Breedon Group fights coronavirus with strong second half to 2020

Written by Global Cement staff 17 March 2021
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UK: Breedon Group’s revenue remained stable in 2020 at Euro1.08bn. Its underlying earnings before interest and tax (EBIT) fell by 34% year-on-year to Euro89.3m in 2020 from Euro136m in 2019. Cement sales volumes stayed stable at 2Mt but ready-mixed concrete sales volumes dropped by 13% to 2.6Mm3 from 3Mm3. The group reported a strong second half of 2020 following coronavirus-related disruption.

“Although we remain mindful of the ongoing impact of Covis-19, with the worst of the pandemic now hopefully behind us and some welcome clarity on Brexit, I believe the prospects for Breedon and for our industry are increasingly positive,” said Pat Ward, Breedon Group’s chief executive.

Published in Global Cement News
Tagged under
  • Breedon Group
  • Breedon Cement
  • Results
  • coronavirus
  • Brexit
  • UK
  • GCW497
  • concrete

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