skip to main content

CRH posts stepper Q1 loss despite rise in revenues

CRH CEO Jim Mintern with the company's chairman Richie Boucher
CRH CEO Jim Mintern with the company's chairman Richie Boucher

CRH recorded a steeper loss for the first three months of the year, despite a rise in revenues.

The building materials giant recorded a net loss of $200m in the quarter - compared to a $100m loss in the same period of 2025.

That's despite the company's revenues rising by 9% to $7.4 billion.

The company blamed the loss on higher depreciation and impairement charges, as well as increased interest charges.

However it said its net loss margin was down year-on-year, thanks to rising revenues, while its earnings before interest, tax, depreciation and amortisation was up 18% on the same period of 2025.

CRH said it had seen good project activity so far thi syear, and expected 2026 to be another year of growth for the firm.

As a result it has maintained its full-year guidance of $3.9 billion to $4.1 billion net profits.

"Notwithstanding the current geopolitical and macroeconomic uncertainty, we are encouraged by the continued strength of underlying demand across our key markets," said CRH CEO Jim Mintern. "The outlook for our business remains positive and backed by our superior strategy and connected portfolio... leaving us well positioned for another year of growth and value creation ahead."