Saturday November 28, 2020

CRH's shares fall despite rise in European sales

UPDATE: Building materials giant CRH saw a continuation of improving trends with like-for-like sales in Europe in the four months to the end of April rising 10 per cent, according to an interim management statement.

7th May, 2014
CRH shares fell after it released its interim management statement.

Building materials giant CRH saw a continuation of improving trends with like-for-like sales in the four months to the end of April rising 10 per cent, according to an interim management statement.

But investors were not impressed and the company's shares were down almost 3 per cent in early trading. In Dublin, the shares traded down 2.7 per cent a short time ago, while in London they fell 2.9 per cent.

The company’s EBITDA earnings in the seasonally less...

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