News release
1 April 2020
BREEDON GROUP PLC
Closure of sites in Ireland
Following our announcement on 26 March, in which we confirmed that our operations in the Republic of Ireland (RoI) would continue to operate pending further guidance, the Irish Government introduced restrictions on 27 March requiring all non-essential businesses to close for two weeks from that date.
We have therefore decided temporarily to suspend production at our RoI sites, including our cement plant at Kinnegad, with the exception of those serving health projects and critical road and utility infrastructure. We welcome the Irish Government's Wage Subsidy Scheme, which should ensure that eligible employees continue to receive a proportion of their pay while they are not working.
Our priority remains the health and wellbeing of our colleagues, subcontractors, customers and communities and we will continue to respond as appropriate to guidance from the governments and health authorities of both the UK and Ireland.
We will provide further updates as and when appropriate.
The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.
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For further information:
Breedon Group plc 01332 694010
Pat Ward, Group Chief Executive
Rob Wood, Group Finance Director
Stephen Jacobs, Group Head of Communications 07831 764592
Cenkos Securities plc 020 7397 8900
Max Hartley
Numis Securities (joint broker) 020 7260 1000
Heraclis Economides
Ben Stoop
Teneo (Public relations adviser to Breedon) 020 7420 3180
Matt Denham/Rachel Miller
NOTES TO EDITORS:
Breedon Group plc is a leading vertically-integrated construction materials group in Great Britain and Ireland. It operates two cement plants and an extensive network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations. The Group employs nearly 3,000 people and has nearly 900 million tonnes of mineral reserves and resources. Its strategy is to continue growing organically and through the acquisition of businesses in the heavyside construction materials market.
