CRH delivered strong half-year figures which beat consensus expectations, achieving a 90bp EBITDA margin increase, and presenting a positive outlook for FY23. Sales and EBITDA were up 8% yoy and 14% yoy, respectively, mainly supported by a consistent price increase and operational efficiency that was able to offset inflation and unfavourable weather conditions.
The company also continued its share buy-back programme amounting to $1bn in H1, together with an interim dividend increase proposal o ....

28 Aug 2023
H1: pursuing the American dream

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H1: pursuing the American dream
CRH public limited company (CRH:LON) | 8,644 -12447.4 (-1.6%) | Mkt Cap: 58,145m
- Published:
28 Aug 2023 -
Author:
Loco Douza -
Pages:
3 -
CRH delivered strong half-year figures which beat consensus expectations, achieving a 90bp EBITDA margin increase, and presenting a positive outlook for FY23. Sales and EBITDA were up 8% yoy and 14% yoy, respectively, mainly supported by a consistent price increase and operational efficiency that was able to offset inflation and unfavourable weather conditions.
The company also continued its share buy-back programme amounting to $1bn in H1, together with an interim dividend increase proposal o ....