News Albert Manifold of CRH was top paid chief executive last yearThe 61-year-old received a total package worth over €12 million
Companies CRH posts record profits of $4.2bn and forecasts healthy growth for 2024The Irish headquartered buildings materials giant is forecasting profit growth of 5-10 per cent for this year
Stock Take CRH hits the ground running in US, with profit forecast bumped to $6.3bnWith its share price up 50 per cent this year and a market valuation of almost $43 billion, the concrete giant is the biggest company to ever come out of Ireland
Companies CRH raises profit guidance as it agrees $2.1bn deal to acquire Texas concrete businessThe Irish headquartered building materials giant said it had acquired an “attractive portfolio” of assets from a US rival as part of the deal
Companies CRH shares gain 3% on first day of trading in New York valuing the group at almost €39bnUS investors traded more than 8 million shares in the Irish building materials giant on its first day on the New York Stock Exchange
Companies CRH chief sells €3 million shares in building materials giantAlbert Manifold, who is one of the highest paid executives in Ireland, sold over 58,000 shares in the firm last week
Stock Take Shareholders to get a smaller slice as CRH chases growth Building materials giant reaping benefits of Biden’s $1 trillion Inflation Reduction Act but plans to spend cash on opportunities in US and Europe
Comment Ian Guider: Yes, they are worth it – why good chief executives can justify their high payThe High Pay Centre has called for a more equitable pay system that benefits all employees, but chief executives are often the very reason a firm makes huge profits
Companies CRH post 14 per cent earnings jump as US market powers aheadCRH said in April it expected sales, earnings and margins for the first half of 2023 to be ahead of the same period last year.
Companies CRH’s Manifold the third highest paid executive of any FTSE 100 company in 2022The head of the buildings material giant earned more than €12 million last year, making him the third highest paid executive of the 100 largest companies on the London stock exchange
Stock Take CRH’s New York move could prove prescient and profitable This year looks like being another solid one for the construction materials company, but its long-term growth prospects are even better
Markets CRH sets off on its American adventure with move to NYSEThe Irish-based building materials giant is migrating its primary stock market listing to New York to take advantage of Biden’s $1 trillion infrastructure bill
Companies CRH investors give the green light for the company’s switch to a New York listingShareholders in the building materials company voted overwhelmingly in favour of the company’s plan to switch its primary listing from London to the New York stock exchange
Markets Lorcan Allen: Irish investors can have no complaints as Flutter and CRH flee to pursue US listings The Irish building materials firm plans to move its main stock market listing to New York, to capitalise on a ‘golden age’ of infrastructure building
Construction CRH boss says it is ‘inevitable’ that interest rates will fall againThe company said the recent surge in the cost of borrowing, which has made mortgages more expensive, is a ‘speed-bump’
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
Company Watch CRH dodges danger of inflation due to unique business modelRising cost of materials hasn’t hurt bottom line for construction giant, which reports a healthy pipeline of infrastructure projects in Europe and US
Companies CRH issues upbeat outlook after reporting double digit growth in half year profits and salesThe 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
Executive Pay John Walsh: Executive pay bonanzas are becoming harder to justify as inflation hits workers’ pocketsIn 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
CRH posts double-digit profit growth but warns of continued inflation in materials pricesThe construction and materials company said the inflationary input cost environment would continue in 2022, while supply chain challenges will also likely persist