BREEDON GROUP PLC (BREE) — Annual results for the year ended 31 December 2025

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the BREEDON GROUP PLC Annual Results Investor Presentation. Throughout today's recorded meeting, attendees will be in listen only mode. Questions are encouraged and can be submitted at any time using the Q and A tab just situated on the right hand corner of your screen. Please simply type in your questions at any time and press send. Before we begin, we'd like to submit to the following poll, and I'm sure the company would be most grateful for your participation. And the company would now like to share a copy of the presentation. Good morning, everybody, and welcome to BREEDON's 2025 results presentation. James and I will guide you through our presentation and then open things up for questions. I'm pleased to report that in a testing year, BREEDON has proved again the strength of our model and the quality of our people. Across all three of our geographies, in markets that gave us very little by way of tailwind, the team delivered again. In GB, concrete volumes fell to levels not seen since 1963. In Ireland, two major infrastructure projects were deferred. And in The U. S, extreme weather in the first half impacted our business. None of this was within our control. What was in our control was our response. Our teams delivered over £20,000,000 worth of self help. We simplified our management structure to a country based model, enabling faster decision making, and we continued to invest through the cycle in our quarries, in our plants, and in our people. I thank the BREEDON team for their commitment and for making BREEDON a better, stronger business in 2025. In parallel to delivering the performance, I'm pleased to report that we made significant progress on our strategic priorities. In 2025, we implemented our evolved ...