Breedon Group (BREE) investor relations material

Trading performance

• Q1 revenue rose 5% year-on-year, with contributions from recent US and Ireland acquisitions.

• Like-for-like revenue increased 2%, with strong US and Ireland performance offsetting softer UK results.

• Ready-mixed concrete volumes in Great Britain declined due to subdued residential demand, but other product volumes showed improvement.

• Ireland saw modest volume growth and successful integration of the Booth acquisition.

• US activity was significantly ahead of last year, with healthy backlogs and infrastructure project supply underway.

Strategic and operational outlook

• Commodity hedging provides cost certainty amid volatile input costs linked to Middle East conflict.

• Product pricing is being adjusted through escalators, surcharges, and targeted increases.

• Residential demand is expected to remain challenging, but non-residential markets are seen as more resilient.

• Progress continues on operational excellence and strategic objectives.

• Early positive engagement with UK Government on the 'Back British Cement' campaign.

Corporate and sustainability initiatives

• Ongoing carbon reduction practices at cement plants, including alternative materials and lower carbon fuels.

• Focus on sustainable value creation through organic growth and acquisitions.

• Interim results for H1 2026 will be announced on 29 July 2026.