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.
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