Breedon Group plc (BREE.L, BRDNF), a vertically-integrated construction materials group, Wednesday reported that its first-half profit before tax fell 18 percent to 46.5 million pounds from last year's 56.5 million pounds.
Basic earnings per share were 10.0 pence, down 23 percent from 13.0 pence a year ago.
Underlying profit before tax was 61.2 million pounds, compared to 64.9 million pounds last year. Underlying basic earnings per share were 13.9 pence, compared to 15.3 pence a year ago.
Revenue grew 3 percent to 764.6 million pounds from last year's 742.7 million pounds.
Looking ahead, the company said expectations for the full year remain unchanged with Underlying EBIT slightly more weighted towards the second half than is typical.
Further, Breedon projects growth expected in all markets from 2025 as economic and political landscape stabilises.
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