Pro forma sales up by 8%, up 13% in the Americas, 3% in Europe and 4% in Asia. Pro forma EBITDA increased by 20% thanks to a 39% increase in the Americas. EBITDA expected above €3bn for FY2016. Pro forma EBITDA margin up by 90bp to 9.0%. Reported EBIT up from €189m to €588m. Reported PBT up from €63m to €407m. Operating cash outflow of €0.3bn, better than the normal seasonal pattern. Net debt at €7.1bn expected to be at €6bn or below b
19 Sep 2016
EBITDA guidance in line with our October 2015 forecast
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EBITDA guidance in line with our October 2015 forecast
CRH public limited company (CRH:LON) | 6,831 -1639.4 (-0.4%) | Mkt Cap: 47,200m
- Published:
19 Sep 2016 -
Author:
Felix Brunotte -
Pages:
5
Pro forma sales up by 8%, up 13% in the Americas, 3% in Europe and 4% in Asia. Pro forma EBITDA increased by 20% thanks to a 39% increase in the Americas. EBITDA expected above €3bn for FY2016. Pro forma EBITDA margin up by 90bp to 9.0%. Reported EBIT up from €189m to €588m. Reported PBT up from €63m to €407m. Operating cash outflow of €0.3bn, better than the normal seasonal pattern. Net debt at €7.1bn expected to be at €6bn or below b