Breedon Group plc (GB:BREE) has released an update.
Breedon Group plc reported a 5% decrease in revenue, influenced by macroeconomic uncertainty and adverse weather affecting construction activities. Despite these challenges, the company remains optimistic, having completed two strategic acquisitions and successfully entered the US market with the acquisition of BMC. CEO Rob Wood expressed confidence in meeting the company’s 2024 expectations due to strong foundations laid in the first quarter.
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