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CRH revenues rise 6% to $10.2 billion in second quarter

Irish-headquartered building materials group CRH had revenues of $10.2 billion in the second quarter, up 6% year-on-year.

Business • 07 Aug

BP names Albert Manifold as new chairman

BP has named outsider Albert Manifold, the former boss of building materials producer CRH, as its new chairman today, as it grapples with a major strategy reversal in an attempt to turn around a weak share performance.

Business • 21 Jul

CRH said revenues for the three months to the end of March rose by 3% to $6.8 billion

CRH's first quarter revenues and earnings rise

Building materials giant CRH has reported an increase in first quarter revenues, earnings before interest, tax, depreciation and amortisation, while it also reaffirmed its full year guidance.

Business • 06 May

Building materials giant CRH has named Nancy Buese as its new CFO

CRH appoints Nancy Buese as new chief financial officer

Building materials giant CRH has appointed Nancy Buese as its new chief financial officer, effective from May 12. She will be New York based.

Business • 17 Apr

CRH has benefited in particular from an increase in public capital spending in the US in recent years that is still filtering out into projects

CRH eyes further profit growth after 12% jump in 2024

CRH has forecast core profit growth of 6% to 12% in 2025 after the largest building materials producer in the US and Europe last night posted 12% growth for 2024 on strong infrastructure and non-residential activity.

Business • 27 Feb

CRH has appointed Alan Connolly as its interim CFO from January 2025

CRH names Connolly as interim chief financial officer

Building materials giant CRH has appointed Alan Connolly as its interim chief financial officer from January 2025.

Business • 06 Dec 24

CRH said its total revenues rose by 4% to $10.5 billion for the three months from July to September

CRH's third quarter revenues rise by 4%

Building materials giant CRH has reported higher revenues and earnings for the third quarter of 2024 and reaffimed its guidance for the full year.

Business • 07 Nov 24

Outgoing CRH CEO Albert Manifold (left) and its incoming CEO Jim Mintern at the company's AGM recently

CRH's CEO Manifold to retire, Mintern named as new chief

Building materials giant CRH said its chief executive Albert Manifold has decided to retire and will be replaced by the company's chief financial officer Jim Mintern.

Business • 24 Sep 24

Dublin-based CRH makes about 75% of its profits in the US

CRH raises its full year guidance for 2024

CRH has today raised its full-year guidance after the largest building materials producer in the US and Europe reported a 12% rise in second quarter core profit.

Business • 08 Aug 24

CRH has reported a 'solid' start to the year - its seasonally least significant quarter

CRH reaffirms its full year guidance

Building materials company CRH has reported a 2% increase in revenues for the first quarter of 2024 to reach $6.5 billion after what it called a "solid" start to the year in the seasonally least significant quarter.

Business • 10 May 24

Albert Manifold, CRH chief executive (left) and Richie Boucher, chairman, pictured at the AGM today

CRH regrets difficulties faced by shareholders in US move

The chairperson of building materials group CRH has apologised to shareholders for difficulties that some of them experienced in the management of their shareholdings as a result of the move of the company's primary listing to the US.

Business • 25 Apr 24

CDP is a global non-profit organisation that runs the world's environmental disclosure system for companies, cities and states

4 Irish firms get top rating for reporting emissions

Four Irish companies have been awarded the top "A" rating for setting externally verified climate emissions targets and disclosing their environmental performance, a new report from CDP Ireland Network has found.

Business • 19 Apr 24

CRH said its revenues rose by 7% to $34.9 billion in 2023 from $32.7 billion in 2022

CRH forecasts growth after beating 2023 profit target

CRH has forecast core profit growth of 6% to 10% in 2024 after the largest building materials producer in the US and Europe today posted 15% growth for 2023, topping its guidance.

Business • 29 Feb 24

CRH has agreed a deal, along with the Barro Group, to buy Australia's Adbri

CRH in deal to buy Australia's Adbri with Barro Group

Building materials company CRH has agreed a deal to buy a majority stake in Australia's Adbri, which values the company at $1.4 billion.

Business • 18 Dec 23

CRH's s European lime operations include locations across Ireland, the UK, Germany, Czech Republic and Poland

CRH to sell European lime unit for $1.1 billion

Building materials supplier CRH said today has agreed to sell its lime operations in Europe for about $1.1 billion to rival SigmaRoc.

Business • 22 Nov 23

CRH said its sales for the nine months to the end of September rose by 8% to $26.3 billion

CRH upgrades guidance, seals $2.1 billion Texas deal

CRH, the largest building materials producer in the US and Europe, has today announced a $2.1 billion acquisition of building materials assets in the high-growth Texas market and upgraded its full year core profit guidance.

Business • 21 Nov 23

Both Flutter and CRH also reckon the deep pools of US investors will value them more richly

Irish stock market exits are symptom of wider EU unease

Irish people have a rich history of looking to the US for a better life.

Business • 25 Sep 23

The New York Stock Exchange welcomed executives and guests of CRH for the ringing of the opening bell

CRH shares start trading on New York Stock Exchange

Shares in building materials giant CRH have started trading on Wall Street as the company delisted from the Irish Stock Exchange after over 80 years of trading in Dublin.

Business • 25 Sep 23

CRH shares to delist from Euronext Dublin on Monday

CRH shares cease trading on Euronext Dublin

Shares in building materials giant CRH ceased trading on the Irish Stock Exchange yesterday.

Business • 21 Sep 23

More than 20 names have departed the Dublin exchange since 2018 with just five joining in the same period

What next for Irish stock market amid departures?

The Irish stock exchange has seen a wave of departures in recent years with more exits possibly in the offing. Concerns have been expressed about the bourse's future as companies move in greater numbers to where the investors are. So, what lies in prospect for Euronext Dublin?

Business • 17 Sep 23

CRH is the largest building materials supplier in the US and generated about 75% of its core earnings there last year

CRH's half year after tax profits rise by 26%

Building materials giant CRH has reported higher revenues and profits for the six months to the end of June and said it had a positive outlook for the full year ahead.

Business • 24 Aug 23

Albert Manifold, the CEO of building materials giant, got paid £10.38m last year

CRH CEO Manifold third best paid boss at FTSE company

The bosses of the biggest listed companies on the London FTSE index saw their pay surge by 16% last year as most workers saw their pay packets outstripped by inflation, according to new research.

Business • 22 Aug 23

The move adds YouGov to the growing list of London-listed companies looking to shift their listing to Wall Street

UK's YouGov considers US listing - report

Britian's YouGov is considering listing in its "natural" US market after a recent acquisition doubled the polling company's size, non-executive chairman Stephan Shakespeare told the Financial Times.

Business • 14 Aug 23

CRH CEO Albert Manifold has predicted 'significant benefits' from the listing switch from London to New York

CRH shareholders approve listing switch to US

CRH shareholders have today approved a plan to move the building materials company's primary stock market listing to New York from London, with CEO Albert Manifold predicting "significant benefits" from the switch.

Business • 08 Jun 23

Albert Manifold, the CEO of CRH, has joined the board of Mercury Engineering

CRH's Manifold joins board of Mercury Engineering

Albert Manifold, the chief executive of buildings materials group CRH, has joined the board of Dublin-based engineering company Mercury Engineering as a non-executive director.

Business • 04 May 23