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12 February 2013
Breedon Aggregates Limited ("Breedon" or the "Company")
Breedon Aggregates Limited is pleased to announce the following trading update ahead of its preliminary results announcement due on 5 March 2013.
The Company performed well over the 12-month period ended 31 December 2012, with revenue broadly in line with market expectations. The EBITDA margin has continued to improve since the trading update in November 2012, which together with lower depreciation, depletion and amortisation and an improved contribution from our Associates, means underlying profit before tax is set to significantly exceed expectations.
For further information, please contact:
Breedon Aggregates Limited
Simon Vivian, Group Chief Executive
Ian Peters, Group Finance Director
Stephen Jacobs, Head of Communications
Cenkos Securities plc
Max Hartley / Nicholas Wells
020 7397 8900
More about Breedon Aggregates
Breedon Aggregates Limited is the largest independent aggregates group in the UK after the five global majors. It operates 27 quarries, 18 asphalt plants and 40 concrete plants in England and Scotland and employs approximately 800 people.
The group has strong asset backing, with almost 200 million tonnes of mineral reserves and resources in the UK, providing an estimated life of approximately 47 years at current output levels.
Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.
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