CRH post 14 per cent earnings jump as US market powers ahead

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CRH post 14 per cent earnings jump as US market powers ahead
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CRH said in April it expected sales, earnings and margins for the first half of 2023 to be ahead of the same period last year.

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Earnings at construction giant CRH soared 14 per cent higher to $2.5 billion in the first half of 2023 compared with the same period a year earlier as the US market continued to boost the group’s performance.

Sales rose by 8 per cent to $16.1 billion in the first six months of the year but profit fell from $2.1 billion to $1.8 billion.

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