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.