CRH shares up over 4% despite profits hitting a "trough"

UPDATE: Irish building materials giant CRH was hit by bad weather last year and posted a €215 million before tax, down from a profit of €646 million in 2012.

25th February, 2014
CRH: "2014 will be a year of profit growth."

Irish building materials giant CRH was hit by bad weather last year and posted a €215 million before tax, down from a profit of €646 million in 2012.

Revenue at the company was broadly flat at just over €18 billion, while CRH also announced a planned disposal programme that it said would not amount to a fire sale. CRH's share price is up over 4 per cent this morning.

"We believe that 2013 represents the trough in...

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