CRH’s sales grow in first quarter as firm signals strong shareholder backing for US listing

The building materials giant says a primary US listing ‘will bring increased commercial, operational and acquisition opportunities for our business’

Albert Manifold: chief executive of CRH said the company expects first-half sales, Ebitda and margin to be ahead of the prior year period. Picture: Maura Hickey

First-quarter reported sales at CRH were 7 per cent up year on year, the building materials giant said on Wednesday, as it confirmed plans to seek formal approval from shareholders for a listing on the US stock market amid “strong support”.

In a trading update, the company said it had enjoyed a positive start to the year in what is a “seasonally quiet” period in the construction industry. Activity in the sector typically gathers pace ...