Peter Tom's quarry group Breedon Aggregates, of Leicestershire, reports better profits
The quarry group headed by Leicester Tigers chairman Peter Tom has reported a rise in profit margins over the past two months.
Breedon Aggregates, based in Breedon-on-the-Hill, north Leicestershire, yesterday said revenue was "broadly in line" with expectations for the year to December 31.
The company said margins on the amount it made in earnings before interest, taxes, depreciation and amortization had improved since November.
The group is due to announce its financial results for 2012 on Tuesday, March 5.
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Analysts are forecasting a pre-tax profit of £4.1 million from revenue of £181.7 million for the period.
The group, the UK's sixth-largest quarry business, last year bought Scottish business Speyside Sand and Gravel Quarries for just under £1 million.
In October, the business, formed in 2010 from the Ennstone quarry business, said it would not be bidding for assets which need to be sold to allow a £1.8 billion merger between Lafarge and Tarmac.