In a nutshell, CRH met consensus with EBITDA up by 7% on a reported basis and 3% up lfl, despite experiencing energy cost inflation and significant weather disruption. Only the Asia division posted disappointing figures. Overall, following this earnings result, we expect to keep our recommendation unchanged.
04 Mar 2019
FY18: CRH meets consensus, strong cash generation expected to continue unabated
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FY18: CRH meets consensus, strong cash generation expected to continue unabated
CRH public limited company (CRH:LON) | 6,247 -874.6 (-0.2%) | Mkt Cap: 43,165m
- Published:
04 Mar 2019 -
Author:
Felix Brunotte -
Pages:
3
In a nutshell, CRH met consensus with EBITDA up by 7% on a reported basis and 3% up lfl, despite experiencing energy cost inflation and significant weather disruption. Only the Asia division posted disappointing figures. Overall, following this earnings result, we expect to keep our recommendation unchanged.