Breedon Group plc. announce an interim dividend of 5.00p per share. The interim dividend will be paid on 6 November 2026 to shareholders who are on the Register of Members at the close of business on 2 October 2026. The ex-dividend date is 1 October 2026.
Other financial highlights include:
Financial performance benefits from geographic diversification: Revenue growth on both a reported and like-for-like basis; Underlying EBITDA broadly flat with a strong start to the year in the US (+14% LFL) offsetting further declines in GB residential markets.
Strategic progress with £110m of capital deployed into bolt-on acquisitions in the US and Ireland: Falling Springs demonstrates ability to source strategically compelling assets at attractive valuations in the US, while Booth provides a source of aggregates for a key growth market in Dublin.
Guidance maintained; expect 2026 performance in line with market expectations with positive momentum in Ireland and the US. In GB, although infrastructure provides some support, market indicators suggest demand will decline for a fifth consecutive year.
'Back British Cement' campaign launched advocating for a level playing field for the domestic cement industry, including effective carbon border measures, to support UK construction, economic growth and national resilience.
Covenant Leverage reduced to 2.1x compared with H1 2025 following acquisitions in the period and at peak of in-year working capital cycle. Strong cash generation supports further deleveraging in second half.
