The company performed better than other cement companies in our universe due to its limited geographical footprint, especially in MEA. Sales were up 6% (3% lfl). All its major markets performed well except for the UK which suffered from uncertainties around Brexit. EBITDA increased by 7% lfl. CRH strengthened its balance sheet by performing numerous acquisitions and divestments including the Indian JV. 2020 continues to look favourable for the company and it has proposed a dividend of €0

28 Feb 2020
FY19: another good year with market consolidation at its core

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY19: another good year with market consolidation at its core
CRH public limited company (CRH:LON) | 8,866 11703.1 1.5% | Mkt Cap: 59,638m
- Published:
28 Feb 2020 -
Author:
Sejal Varshney -
Pages:
2 -
The company performed better than other cement companies in our universe due to its limited geographical footprint, especially in MEA. Sales were up 6% (3% lfl). All its major markets performed well except for the UK which suffered from uncertainties around Brexit. EBITDA increased by 7% lfl. CRH strengthened its balance sheet by performing numerous acquisitions and divestments including the Indian JV. 2020 continues to look favourable for the company and it has proposed a dividend of €0