Sustainability from our Bonkers Bargain
The UK construction materials sector appears to be in good health with encouraging updates from companies covered here, including yet another upgrade for one. Elsewhere, one of our Bonkers Bargains has announced an impressive new sustainability manifesto, which should go down well with customers.
Breedon: encouraging Breedon (LON:BREE), the leading construction materials group in Great Britain and Ireland and one of AIM’s £1 billion+ companies, announced that trading in the first three months of the year was encouraging and they started to see the typical seasonal pick-up in activity towards the end of the quarter. Overall, Group revenues in the first three months of the year were approximately £264m, an increase of 27% on the first quarter of 2020 when COVID-19 restrictions were imposed. On a like-for-like basis, excluding the impact of acquisitions, revenues increased by 7%. The outlook for their markets remains positive…