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

26th August, 2021
CRH reports strong profit growth for the first half of 2021
Albert Manifold, chief executive of CRH, said he expects the company to beat the record profits it made in the second half of last year.

CRH, the buildings materials giant, recorded strong profit growth in the first six months of the year and said it expects the positive momentum to continue into the second half of 2021.

The Dublin-headquartered company posted a 25 per cent increase in half year earnings (Ebitda) to $2 billion, as earnings margins widened from 13.1 per cent last year to 14.2 per cent in 2021.

Operating profits increased 50 per cent year on year to just over $1.1 billion, as operating...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Builders’ register inspectors will have power to enter sites and search homes

Eoin Ó Broin: Focus on built environment is key to cutting emissions

Cairn Homes to return €95m to shareholders in 2022

CIF claims Irish Water’s ‘chronic delays’ adding €6k to the prices of new homes