Turnover tops 拢1bn mark for first time

Materials firm Breedon said pent-up demand helped the firm turn in a record set of results last year.

Revenue was up one third to top the 拢1bn mark for the first time coming in at 拢1.2bn while pre-tax profit was up from 拢48m in 2020 to a record 拢114m 鈥 which itself was a 21% rise on the figure it posted in 2019.

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The firm鈥檚 profit topped the 拢100m mark last year

Chief executive Rob Wood said: 鈥淲e navigated the second year of the pandemic successfully [and] supplied our customers with more materials than at any point in our history.鈥

The firm spent 拢6.1m on acquisitions last year, having shelled out 拢170m buying up close to 100 sites from Cemex the year before.