CRH posts record profits of $4.2bn and forecasts healthy growth for 2024

The Irish headquartered buildings materials giant is forecasting profit growth of 5-10 per cent for this year

CRH has seen its shares soar after less than six months on the New York stock exchange

CRH, the buildings materials giant, recorded double-digit profit growth last year as its core business in the US continues to deliver strong returns.

Announcing full year results on Thursday, CRH reported a 10 per cent increase in operating profits for 2023 to just under $4.2 billion, as profit margins expanded to very robust 12 per cent last year.

The Dublin-headquartered company posted a 15 per cent increase in full year earnings (Ebitda) last year to ...