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Albert Manifold

Construction

CRH boss says it is ‘inevitable’ that interest rates will fall again

The company said the recent surge in the cost of borrowing, which has made mortgages more expensive, is a ‘speed-bump’
  • Paul O'Donoghue
  • March 2, 2023
Construction

CRH 'resilient to inflation’ as sales jump 13%

The building materials giant expects earnings to hit over €5.5 billion by the end of the year
  • Paul O'Donoghue
  • November 22, 2022
Company Watch

CRH dodges danger of inflation due to unique business model

Rising cost of materials hasn’t hurt bottom line for construction giant, which reports a healthy pipeline of infrastructure projects in Europe and US
  • Lorcan Allen
  • August 27, 2022
Companies

CRH issues upbeat outlook after reporting double digit growth in half year profits and sales

The buildings materials giant said it expects its European business to remain challenged due to inflation pressures but added that its Americas division is performing strongly
  • Lorcan Allen
  • August 25, 2022
Executive Pay

John Walsh: Executive pay bonanzas are becoming harder to justify as inflation hits workers’ pockets

In the midst of a cost-of-living crisis, ill-thought-out bonuses which push bosses’ remuneration to sometimes 200 times the median staff salary have the potential to become dangerously political
  • John Walsh
  • May 13, 2022

CRH posts double-digit profit growth but warns of continued inflation in materials prices

The construction and materials company said the inflationary input cost environment would continue in 2022, while supply chain challenges will also likely persist
  • Lorcan Allen
  • March 3, 2022

CRH reports strong profit growth for the first half of 2021

The building materials company said it expects the strong momentum to continue into the second half of the year on the back of high demand and an improving economic outlook
  • Lorcan Allen
  • August 26, 2021

Ian Guider: If our mandarins are to be paid the big bucks, they need to prove they are worth it

Instead of looking to pay private sector-sized salaries to the public sector, the government should consider bringing in private sector-style management where your job depends on your performance
  • Ian Guider
  • April 25, 2021

The Manifold benefits of being CRH chief executive: €11.2m

Shareholders have been unhappy since 2016 about the generous remuneration of the company’s chief executive Albert Manifold. Last year, his package was €11.2 million – 166 times the average salary of a CRH worker
  • Matt Cooper
  • March 21, 2021

CRH weathers the coronavirus storm with impressive update

The building materials giant last week posted earnings before ebitda of $3.4 billion for the first nine months of 2020, making light of tough trading conditions
  • Peter O'Dwyer
  • November 29, 2020

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