Business
Interim results 2022
Interim results 2022.
About this update from Breedon Group Plc
[{"type":"text","content":"\n \n \n 27 July 2022\n \n \n \n \n \n \n BREEDON GROUP PLC\n \n \n \n \n Interim results 2022\n \n \n \n \n \n \n \n \n \n Strong first half supported by resilient end-markets\n \n \n \n \n Expect full-year earnings at top end of current market expectations\n \n \n \n \n \n \n Breedon Group plc (\"Breedon\" or the \"Group\"), a leading vertically-integrated construction materials group in Great Britain and Ireland, announces unaudited interim results for the six months ended 30 June 2022.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory highlights\n \n \n \n \n \n \n \n \n \n \n \n \n \n U\n \n \n nderlying\n \n \n 1\n \n \n highlights\n \n \n \n \n \n \n \n £\n m except where stated\n \n \n \n \n \n H1 2022\n \n \n \n \n \n \n H1 2021\n \n \n \n \n \n \n % change\n \n \n \n \n \n \n \n \n \n \n \n \n \n H1 2022\n \n \n \n \n \n \n H1 2021\n \n \n \n \n \n \n % change\n \n \n \n \n \n \n \n Revenue\n \n \n \n \n \n 671.1\n \n \n \n \n \n 600.9\n \n \n \n \n 12%\n \n \n \n \n \n \n \n \n \n \n \n \n 671.1\n \n \n \n \n \n 600.9\n \n \n \n \n 12%\n \n \n \n \n \n \n EBIT\n \n \n \n \n \n 65.5\n \n \n \n \n \n 53.7\n \n \n \n \n 22%\n \n \n \n \n \n \n \n \n \n \n \n \n 66.9\n \n \n \n \n \n 56.4\n \n \n \n \n 19%\n \n \n \n \n \n \n EBIT margin\n \n \n \n \n \n 9.8%\n \n \n \n \n \n 8.9%\n \n \n \n \n 90bps\n \n \n \n \n \n \n \n \n \n \n \n \n 10.0%\n \n \n \n \n \n 9.4%\n \n \n \n \n 60bps\n \n \n \n \n \n \n Profit Before Tax\n \n \n \n \n \n 59.5\n \n \n \n \n \n 46.2\n \n \n \n \n 29%\n \n \n \n \n \n \n \n \n \n \n \n \n 60.9\n \n \n \n \n \n 48.9\n \n \n \n \n 25%\n \n \n \n \n \n \n Basic EPS2\n \n \n \n \n \n 2.91p\n \n \n \n \n \n 1.41p\n \n \n \n \n 106%\n \n \n \n \n \n \n \n \n \n \n \n \n 3.01p\n \n \n \n \n \n 2.39p\n \n \n \n \n 26%\n \n \n \n \n \n \n Dividend per share\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 0.70p\n \n \n \n \n \n 0.50p\n \n \n \n \n 40%\n \n \n \n \n \n \n Covenant Leverage3\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 1.0x\n \n \n \n \n \n 1.2x\n \n \n \n \n (17)%\n \n \n \n \n \n \n ROIC4\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n...