CRH chief executive Albert Manifold said the results reflected the continued delivery of the group's differentiated strategy Photograph: Nick BradshawCRH is raising the interim dividend paid to shareholders in November by 4 per cent after a “strong first half performance” in which group sales surged 8 per cent to $16.1 billion .
After-tax profits at the building materials giant, which will abandon its listing on the Dublin Euronext stock exchange in favour of a New York listing on September 25th, climbed 20 per cent to $1.2 billion in the six months to the end of June compared with the same period last year, according to interim results published on Thursday.
CRH said that business in the US, where it generates around three-quarters of its revenues, was strong across both its materials and building solutions divisions amid heightened demand and US government infrastructure initiatives. Sales in its European building solutions division, however, slipped 3 per cent behind the same period last year due to “softer residential demand” and extended winter weather conditions in parts of the continent in the early months of 2023.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CRH post 14 per cent earnings jump as US market powers aheadCRH said in April it expected sales, earnings and margins for the first half of 2023 to be ahead of the same period last year.
Leer más »
Global stocks extend comeback rally as Iseq outperforms peersAmong the main movers, building materials group CRH was up 2 per cent ahead of its US listing in September
Leer más »