Breedon Group plc — Cyborg Score 6/10

Solid
Construction Materials & Building Products

Strategic Profile

The firm operates two cement plants and a network of quarries, asphalt plants and ready-mixed concrete plants, with operations in three segments: Great Britain, Ireland and Cement. The company generates majority of its revenue in the United Kingdom.

Cyborg Score Rationale

Breedon operates in a defensive, essential infrastructure-linked sector with stable cash generation (EBITDA margin 17%) and a solid dividend yield of 4.27%. However, recent profitability declined significantly (net income down 55.7% in latest half-year), reflecting challenging construction market conditions.

Top Insights

  • Highly integrated business model with quarrying to finished products (aggregates, asphalt, concrete, cement) de-risks supply chain
  • Recent acquisitions (Hardcrete Dec 2025, Booth Precast Dec 2025) signal strategic focus on mineral reserves and vertical integration
  • Significant profitability pressure with 55.7% decline in net income in latest half-year despite stable EBITDA margins
  • Strong dividend yield (4.27%) suggests management confidence in cash generation despite cyclical downturn

Named Competitors

  • CRH plc — Global building materials and construction products
  • Forterra plc — UK building materials and construction products
  • Aggregate Industries — Aggregates and concrete products

Recent Developments

  • (December 2025) Breedon acquires Hardcrete to expand presence in London and South East
  • (December 2025) Acquisition of Booth Precast Products Limited to secure mineral reserves in Ireland market
  • (February 2026) Employee count at 4,500 with recent operational adjustments

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