Reports Q2 revenue $10.2B, consensus $10.15B. Jim Mintern, Chief Executive Officer, said: “Our strong second quarter performance was driven by favorable underlying demand, disciplined commercial management and further contributions from acquisitions. CRH‘s (CRH) proven strategy continued to drive higher sales, profits and Adjusted EBITDA margins, while our robust balance sheet and financial capacity enabled us to allocate approximately $3 billion to growth investments and capital returns year-to-date. We completed 19 acquisitions year-to-date and continue to see an active pipeline of opportunities to further strengthen our market-leading positions in attractive growth markets. Underlying demand in our key end-use markets remains positive and we are pleased to raise our guidance for 2025.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRH:
- CRH plc Announces Share Buyback and Cancellation
- CRH plc Re-Issues Treasury Shares to Employee Scheme Participants
- CRH plc Advances Share Buyback Program with Strategic Share Acquisitions
- CRH plc Updates on Voting Rights and Capital Structure
- CRH plc Advances Share Buyback Program with Recent Acquisitions
