Tuesday September 22, 2020

Market Week

Building materials group CRH surprised on the upside for 2011 after a mild winter produced better than expected revenue in the last quarter of the year.

4th March, 2012
2
John Moloney of Glanbia.

Building materials group CRH surprised on the upside for 2011 after a mild winter produced better than expected revenue in the last quarter of the year. Pretax profit rose 33 per cent to €711 million on the back of €18.1 billion in sales. Chief executive Myles Lee said US economic data was encouraging and forecast more progress in 2012, although higher energy costs and competition on pricing will be challenging. Lee said the group would...

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