Companies

CRH reaffirms full year guidance after reporting double-digit first quarter profit growth

The Dublin headquartered company said it is still on track to make a profit of up to $6.9bn this year

CRH is listed on the New York Stock Exchange

CRH, the Irish buildings materials giant, reaffirmed its full year guidance that it expects to make profits (Ebitda) of between $6.6 billion and $6.9 billion in 2024.

Announcing a first quarter trading update on Friday, the Dublin-headquartered company said it generated adjusted earnings (Ebitda) of $445 million, which was up 15 per cent year on year. CRH said profit margins expanded to 6.8 per cent in the first three months of the year, as higher ...