
Delivering on our strategic
commitments
One of the most exciting strategic
developments of 2024 was our entry
into the US.
The US construction materials market offers
tremendous growth potential and it was
essential to identify the right entry point.
After a thorough search and careful
consideration, the Board was delighted to
approve the acquisition of BMC.
This is a landmark transaction and
has opened up years of new growth
opportunities for Breedon. We have
found in BMC a business with a strong
cultural alignment, sharing our values and
commitment to excellence, and we are
excited about the long-term prospects
it brings to the Group.
Positioned for growth
Together, we have established a strong
foundation, positioning Breedon for
further success.
We have built a tried and tested model with
extraordinary potential. We have retained a
strong and flexible balance sheet.
Our people are at the heart of our success
and our culture of empowerment,
accountability and respect has fostered a
world-class team with exceptional talent.
The Board site visit to
our Dowlow quarry in
September 2024
Chair’s statement
Board site visit
Exciting future opportunities
Looking ahead, Breedon is positioned
for continued success and our future is
filled with exciting possibilities to grow
and mature.
As we continue to expand, thoughtful
capital deployment will remain central
to the Board’s considerations, balancing
growth with maturity, and financial flexibility
with value creation.
There is much to look forward to. We are
excited for the future and confident Breedon
will continue to thrive in the years ahead.
Seeking re-election
Since joining the Board in 2016 it has
been an incredible privilege to be part of
Breedon’s transformation. I am deeply proud
of what we have accomplished together
and the bright future we have created.
I am eager to contribute to our ongoing
development. Therefore, I am seeking
re-election in 2025.
I am excited to continue working alongside
our exceptional team as we drive Breedon
toward even greater success in the
years ahead.
Amit Bhatia
Chair
5 March 2025
Breedon Group plc Annual Report and Accounts 2024 09Strategic report Governance Financial statements Additional information