Management at Breedon Group have said they plan to move it from the AIM stock exchange to the Main Market to better reflect its “scale and heritage”.
The announcement comes as new figures show the Leicestershire-based construction materials giant hit revenues of £1.4 billion last year, up 13 per cent on 2021. Pre-tax profits were up a fifth at £136 million.
Cement sales in particular had a record year, up 22 per cent with margins also up, helped by resilient markets and prices getting stronger. Shares in the business were up around 4 per cent today at 77.6p.
