Breedon reveals expectations for second half performance

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Leicestershire-headquartered construction materials giant Breedon has said it anticipates its earnings before income tax for second half of 2020 to be more than the average of the market expectations.

The listed company has said it currently expects to deliver second-half underlying EBIT broadly in line with the second half of 2019.

In a statement, Breedon said it believes the average of current full-year market expectations for underlying EBIT is £57m, with a range of £49m to £70m.

The business said: "Breedon has continued to deliver an encouraging trading performance since demand began to return in early May after the Covid-19 lockdown, with the improving trend that we reported for June and July at the time of

 link source - Insider Media

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