CRH | Business Post

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

Bridgewater shorts €130m worth of CRH shares

Irish construction materials company continues to perform strongly despite a drop in its share price – and Ray Dalio’s hedge fund’s bet against it

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

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

CRH agrees $1.9bn acquisition of Barrette Outdoor Living

Barrette reported a profit before tax of $79 million last year, and gross assets of $1.2 billion

CRH reports ‘positive’ start to 2022 on the back of strong demand

Sales increase 13% on corresponding quarter last year

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

CRH reports impressive results against against multiple rising costs

Ireland’s biggest company, which is also the biggest supplier of asphalt in the United States, recorded a 25 per cent jump in earnings to $2 billion and a dividend rise of 4.5 per cent to 23c per share

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

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

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

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