CRG CRH Plc

CRH completes final phase of European lime divestment

CRH plc (NYSE: CRH), the leading provider of building materials solutions, announced on November 22, 2023, that it had reached an agreement to divest its lime operations in Europe for a total consideration of c.$1.1 billion. CRH is pleased to announce that the third and final phase of the transaction, comprising the Group’s lime operations in Poland, is now complete.

About CRH

CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing approximately 78,500 people at approximately 3,390 operating locations in 28 countries, CRH has market leadership positions in both North America and Europe. As the essential partner for transportation and critical utility infrastructure projects, complex non-residential construction and outdoor living solutions, CRH’s unique offering of materials, products and value-added services helps to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies. A Fortune 500 company, CRH’s shares are listed on the NYSE and LSE.

EN
02/09/2024

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Reports on CRH Plc

 PRESS RELEASE

CRH Announces Interim Chief Financial Officer

NEW YORK--(BUSINESS WIRE)-- CRH plc (NYSE: CRH), the leading provider of building materials solutions, announces that Alan Connolly has been appointed Interim Chief Financial Officer effective January 1, 2025. As announced on September 24, 2024, Jim Mintern, CRH’s current Chief Financial Officer, will assume the role of Chief Executive Officer effective January 1, 2025. A robust and comprehensive process, supported by an independent recruitment consultant, considering both internal and external candidates, is ongoing to identify Mr. Mintern’s permanent successor as Chief Financial Officer. ...

Chaima Ferrandon ... (+2)
  • Chaima Ferrandon
  • Sven Edelfelt

CRH : Pending 2025

>EBITDA grows, beating the consensus by 4% - EBITDA increased by 12% in Q3 to $ 2.5bn, beating the $ 2.4bn consensus by 4%. This performance was achieved thanks to robust activity in the United States (despite the weather conditions), solid pricing and effective cost control. The margin expanded by 170 bp to 23.3%. Management continues to contribute these margins gains to positioning solutions rather than products for cheaper and more sustainable construction. Q3 reve...

Chaima Ferrandon ... (+2)
  • Chaima Ferrandon
  • Sven Edelfelt

CRH : En attendant 2025

>EBITDA en hausse, 4% supérieur au consensus - L'EBITDA T3 est ressorti à 2.5 Md$, en hausse de 12% et 4% au-dessus du consensus de 2.4 Md$. Cette performance s’explique par un bon niveau d’activité aux Etats-Unis (malgré la météo), un bon pricing et un bon contrôle des coûts. La marge ressort à 23.3% en hausse de 170 pb. Le management attribue toujours ces gains de marge au positionnement solutions plutôt que produits pour construire moins cher et plus durable. Le CA...

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