CRH has an international presence. Image: CRH
CRH has announced “robust” financial performance from its second-quarter results for 2024.
The company highlighted its “differentiated strategy” as key to its financial performance with the “carefully constructed” portfolio and extensive operations mitigating adverse weather.
The second quarter results include the July acquisition of the majority stake in Australian-based AdBri. The company believes there is a positive outlook with “favourable underlying demand” in key markets.
“We are pleased to report another period of further profit growth and margin expansion for CRH,” CRH chief executive officer Albert Manifold said.
“The execution of our differentiated solutions strategy continues to deliver robust financial performance, while the strength of our balance sheet and relentless focus on the disciplined allocation of our capital enables us to capitalise on the opportunities we see for further growth and value creation.
“Reflecting the strength of our financial performance, the positive underlying momentum in our business as well as the positive contribution from recent portfolio activity, we are raising our guidance and remain well positioned to deliver another record year in 2024.”
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