CRH chief executive Albert Manifold said the buildings material will see earnings grow even amid"challenging and volatile cost environment". Photograph: Cyril ByrneCRH said on Wednesday that it still expects to post earnings before interest, tax, depreciation and amortisation of €5.5 billion this year, even as concerns mount over the outlook for the global economy.
The earnings forecast represents a 10 per cent improvement on the outcome for last year for the building materials group.’Notwithstanding a challenging and volatile cost environment, I am pleased to report further growth in sales, EBITDA and margin during the first nine months of the year,” chief executive Albert Manifold said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: