Friday February 21, 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.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 5 days ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 5 days ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 5 days ago