Breedon Group, the construction materials group, has hailed a “resilient performance despite sustained market challenges,” in a new trading update for the ten months to 31 October 2025.
When compared to the same period in 2024, revenue for the first ten months increased 9% and for the four months to 31 October increased 12%, assisted by contributions from acquisitions.
On a like-for-like basis, however, revenue decreased 3% in the first ten months and decreased 3% for the four months to 31 October.
Breedon highlighted persistent market challenges, with subdued demand in GB and US residential markets compounded by key infrastructure project delays in GB and Ireland.
Despite market conditions the business expects to deliver a further year of profitable growth with Underlying EBITDA for the year of between £275 to £280 million.
Rob Wood, CEO, said: “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.”
