Breedon Group plc has issued a trading update for the 10 months to 31 October 2025.

When compared to the same period in 2024, revenue for the first 10 months increased 9% and for the four months to 31 October increased 12%, assisted by contributions from acquisitions, the company says. On a like-for-like1 basis revenue decreased 3% in the first 10 months and decreased 3% for the four months to 31 October, consistent with the trends reported to thehalf year.

The statement continues:

“Market challenges have persisted to date in 2025. Subdued demand in GB and US residential markets have been compounded by key infrastructure project delays in GB and Ireland. Against this backdrop the Group has
continued to focus on the integration of Lionmark and self-help, together with operational and commercial excellence initiatives. Despite market conditions we expect to deliver a further year of profitable growth with Underlying EBITDA for the year of £275m-£280m and a reduction in Covenant Leverage at the year end.

Rob Wood, Chief Executive Officer, commented:

“Breedon continues to deliver resilient performance despite sustained market challenges. Our focus on operational and commercial excellence and strategic execution has continued to deliver profitable growth. We remain confident in the Group’s prospects with our key end-markets across each of our geographies standing to benefit from long-term structural growth drivers.

 “While there is still uncertainty about the timing of a market recovery, particularly in the UK, we have an excellent team, three leading platforms and a well invested estate. We remain well placed to take advantage of any improvement in construction market activity.”_

(Picture: Breedon Group)