Our coverage here includes terrific results from a highly regard AIM broker, where an “irreplaceable” Chairman has announced he is stepping down. Results from an asset manager look great, although we think there might be threats looming for their efficient business model.
Breedon: positive second half
Leading construction materials group Breedon (LON:BREE) reassured with its latest trading update seeing improving trends, with revenues in both September and October ahead of the prior year, on a like-for-like basis.
The Group delivered revenues for the first 10 months of the year of £750m (2019: £800m), including three months contribution from the former CEMEX assets in the UK.
Underlying EBIT for the full year is now anticipated to be at least £70m,…
Access the all latest company comments on Investor's Champion.
Not yet registered? It's free to register. Register now.
Register on Investor's Champion
Access the all latest company comments on Investor's Champion.
Premium Content
Premium content provides more in-depth information on fascinating investment stories and research to help make your money go further.
Access Premium Content through individual credits (we only want you to read what you are interested in) or through an annual subscription, which works out as only 25p per day – a small price to guide you through the investing maze!
Subscription
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
In depth coverage of many of the world’s great companies
Breaking news on potential upcoming disasters
Unique insights from our top research team
Credits
Get access to our premium content for as little as £3.20 per article.