Interim results due on August 22nd

  • Sectors : Building Materials
  • Companies : CRH

Ratings and price correct at time of issue.

  • CRH

    Closing Price: 2855c

  • RATING 23/05/12

  • PREVIOUS RATING 12/01/12



CRH will report interim results for the six months to end-June on Thursday August 22nd. We expect the group to meet its H1 guidance (EBITDA in excess of €1.5bn) and reiterate FY expectations (mid-single-digit like-for-like (LFL) EBITDA growth). The latest phase of the share buyback has been completed and we suspect another is likely with the results. Management will also update on development activity, in particular on disposals with two large transactions agreed this year (c.€2bn proceeds). A progress report is also likely on the integration of Ash Grove and the group-wide profit improvement plan. There is a conference call on August 22nd at 08.30 (registration required).

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Aug 13 2019, 07:00 IST/BST