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BREEDON 22 July 2021 Strong trading and operational performance leading to further deleveraging and increased expectations for full year Breedon Group plc , ( " Breedon " or the " Group " ) a leading construction materials group in Great Britain and Ireland , announces unaudited interim results for the six months ended 30 June 2021 . HIGHLIGHTS BREEDON GROUP PLC Revenue Underlying EBIT ¹ Profit / ( loss ) before tax Underlying basic EPS ¹ Dividend per share Free cash flow Net debt Leverage 2 1.7x 1.8x ROIC 5.2 % 8.1 % ¹ Underlying results are stated before acquisition - related expenses , redundancy and reorganisation costs , property gains and losses , amortisation of acquisition intangibles and related tax items . References to an underlying profit measure throughout this announcement are defined on this basis ● ● ● SIX MONTHS ENDED 30 JUNE 2021 £ 600.9m £ 56.4m £ 46.2m 1.54p 0.5p £ 34.3m £ 291.5m ● 2 Leverage is Covenant Leverage as defined by the Group's banking facilities . This excludes the impact of IFRS 16 and includes the proforma impact of M & A 3 H1 2019 numbers are provided as a more relevant trading comparative SIX MONTHS ENDED SIX MONTHS ENDED 30 JUNE 2020 30 JUNE 2019 3 1.2x 9.2 % £ 335.3m £ ( 0.6 ) m £ ( 10.1 ) m ( 0.65 ) p n / a £ 41.5m £ 253.6m £ 447.4m £ 49.5m £ 39.5m 2.03p n / a £ 16.8m £ 343.7m Strong trading performance supported by recovery in construction activity Growing momentum in Ireland despite partial lockdown of construction sector Like - for - like Revenue 17 per cent and Underlying EBIT 9 per cent ahead of H1 2019 Integration of CEMEX Acquisition ahead of schedule Sustainability strategy developed ; KPIs and targets to be published in the autumn Leverage reduced to 1.2x at end of June , within 12 months of CEMEX Acquisition Refinancing completed ; diversifying sources of credit and extending maturity profile First interim dividend announced ; commitment to a progressive dividend policy Underlying EBIT for 2021 now expected to be at the top end of market expectations