American economic recovery driving positive outlook for CRH

Its nine month EBITDA from continuing operations was €1.5 billion

19th November, 2015
Chief executive Albert Manifold at the CRH Annual General Meeting in Royal Marine Hotel Credit: RollingNews

Building materials group CRH has said its third quarter trading benefited from continued positive momentum in the Americas where overall economic recovery is driving construction demand.

In an interim management statement, CRH said, however, that as expected the backdrop in Europe continues to be mixed but stable.

The company noted that in Ireland construction activity continued to gather momentum.

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