Breedon Group, a leading vertically integrated construction materials group in Great Britain, Ireland, and the United States, saw its H1 2025 revenue rise 7% year-on-year to £815.9 million, thanks to its £187 million (US$238mn) acquisition of Lionmark in the US and careful cost control in a challenging market. Like-For-Like (LFL) revenue in the first half of this year decreased by 3%, with volume and mix down 4% due to challenging market conditions in Great Britain, major project delays in Ireland, and adverse weather conditions in the US.
In addition to welcoming new colleagues from Lionmark, a Missouri-based construction and road surfacing business, Breedon reaccelerated its apprenticeship programme in H1 2025. On 1 July, the Group moved to a country management structure (GB, Ireland and US) to reflect its operating profile.
Breedon’s CDP ratings were upgraded in the first half of this year (Climate Change: A- from B, Water Security: B- from C). The Peak Cluster joint venture, which includes Breedon, was also established to progress carbon capture pipeline investment. Breedon also reports significant progress with ‘Breedon Balance’, its range of products with sustainable attributes.
The acquisition of Lionmark follows Breedon’s $300 million acquisition of Missouri readymix supplier BMC Enterprises Inc in 2024.
Rob Wood, Breedon Chief Executive Officer, remarked: “Breedon has had a challenging first half to the financial year; however, I am pleased at how our teams have responded to those challenges by renewing their focus on self-help and customer service while ensuring we maintain our commercial discipline.
“We are confident in the medium-term prospects for the Group and the very nature of our business, supplying local products within local markets, provides a degree of protection in the current uncertain economic climate.
“We have a strong and committed team, three leading platforms in geographies that have structural long-term growth drivers, significant reserves and resources and a well-invested production capability. We remain optimally positioned to benefit when construction market activity improves.”
