Key Highlights

DUBLIN, IRELAND / ACCESSWIRE / August 25, 2022 /

Positive first-half performance; further growth in sales & EBITDA
Margin ahead despite significant inflationary headwinds
Reflecting the resilience of our business & our integrated solutions strategy
Year-to-date acquisition spend $2.8bn including Barrette Outdoor Living
Efficient & disciplined reallocation of $3.8bn Building Envelope divestment
Strong & flexible balance sheet; significant optionality for future value creation
Increasing cash returns; interim dividend +4% & ongoing share buybacks
Full-year EBITDA to be c. $5.5bn (2021: $5.0bn) in a challenging cost environment

Summary Financials¹		H1 2022		Change
Sales	$	15.0bn			+14	%
EBITDA	$	2.2bn			+21	%
EBITDA Margin		14.7	%		+90bps
EPS ($)	$	1.21			+36	%

Albert Manifold, Chief Executive, said today:
"CRH has delivered another strong performance with further growth in sales, EBITDA and margin despite a challenging and volatile cost environment. This performance reflects the continued execution of our integrated and sustainable solutions strategy. Looking ahead, despite some continued cost headwinds, the strength of our balance sheet and resilience of our business leaves us well positioned to deliver superior value for all our stakeholders."

Announced Thursday, 25 August 2022

¹Current and prior year trading information is presented on a continuing operations basis, excluding the results of the Building Envelope business which was divested in April 2022 and has been classified as a discontinued operation.

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SOURCE: CRH PLC

View source version on accesswire.com:
https://www.accesswire.com/713415/CRH-PLC-Announces-2022-Interim-Results