CRH, Glanbia and Tullow - the key points from their trading updates
CRH said first-quarter sales rose by 4% while Glanbia revenue was up by 7%
The Irish corporate AGM season gets under way this week with shareholder meetings due to be held by the likes of AIB, Bank of Ireland, CRH, Glanbia and Kingspan. CRH, Glanbia and Tullow were first out of the traps this morning, publishing first-quarter trading updates to coincide with those meetings. Here are the key points from those releases:
CRH
The building materials group reported "a satisfactory start" to the year with first quarter sales up four per cent compared with the year-earlier period, helped by mild weather across all its major markets.The company said earnings for the seasonally less significant first half of the year should be ahead of the €1.12 billion reported last year while "based on current momentum, further progress in the second half of the year is anticipated". CRH will report first-half results on August 24.
