Tuesday November 24, 2020

Big buys swell CRH's first-half profits

American momentum and European recovery helping business, says chief executive

25th August, 2016
CRH chief executive Albert Manifold Pic: RollingNews.ie

Revenue was up 35 per cent to just under €12.7 billion, while earnings before interest, tax, depreciation and amortisation more than doubled to €1.12 billion. The interim dividend has been raised by 1.6 per cent to 18.8 cent.

The company said underlying sales were up 8 per cent, with a 3 per cent increase in Europe, a 13 per cent rise in the Americas and a 4 per cent rise in Asia.

Chief executive Albert Manifold described the first half as "very...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The party’s Housing spokesperson insists that when Mary Lou McDonald or Gerry Adams rail against the elites, ‘that‘s a populist strategic manoeuvre’

Rachel Lavin | 5 hours ago

With just under six weeks to go until the end of the Brexit transition period, businesses are braced for rocky times as the old way of doing things becomes a thing of the past

Aiden Corkery | 2 days ago

Kevin Nowlan sees future office developments as being occupied by a number of tenants, with large convertible spaces as well as gyms, food outlets and even bars

Ian Guider | 2 days ago