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CRH(CRH) - 2023 Q2 - Quarterly Report
2023-08-23 16:00
[Financial & Operational Highlights](index=2&type=section&id=Financial%20%26%20Operational%20Highlights) CRH delivered strong H1 2023 results with significant growth in sales and EBITDA, driven by robust performance in the Americas and strategic capital allocation, alongside a planned transition to a US primary listing [H1 2023 Key Financials](index=2&type=section&id=H1%202023%20Key%20Financials) CRH delivered a strong first-half performance in 2023, with significant growth across all key metrics. Sales increased by 8% to $16.1 billion, and EBITDA rose by 14% to $2.5 billion, resulting in an improved EBITDA margin of 15.6%. Profit after tax from continuing operations grew 26% to $1.2 billion, with EPS up 31% to $1.58 H1 2023 Summary Financials | Summary Financials | H1 2023 | Change | |:---|:---|:---| | Sales | $16.1bn | +8% | | EBITDA | $2.5bn | +14% | | EBITDA Margin | 15.6% | +90bps | | Operating Cash Flow | $1.0bn | +61% | | EPS (continuing ops) | $1.58 | +31% | - On a like-for-like basis, which adjusts for acquisitions and currency effects, H1 2023 sales were 4% ahead of the prior year, and EBITDA was 7% ahead[89](index=89&type=chunk) [Trading Overview](index=2&type=section&id=Trading%20Overview) The Group's performance was driven by strong results in the Americas, where both Materials and Building Solutions segments saw double-digit EBITDA growth. Europe Materials Solutions also performed well with a 13% EBITDA increase, supported by strong pricing. However, Europe Building Solutions faced challenges from adverse weather and softer residential demand, leading to a 15% decline in EBITDA - **Americas Materials Solutions:** EBITDA was 13% ahead of 2022, as strong pricing and commercial management offset higher input costs and lower volumes due to unfavorable weather[70](index=70&type=chunk) - **Americas Building Solutions:** EBITDA grew by 25%, benefiting from acquisitions and strong commercial progress that counteracted weather-related impacts on activity[90](index=90&type=chunk) - **Europe Materials Solutions:** EBITDA increased by 13%, driven by strong pricing and cost savings that more than offset inflation and lower activity levels[71](index=71&type=chunk) - **Europe Building Solutions:** EBITDA was 15% behind the prior year, impacted by extended winter weather and softer residential demand[91](index=91&type=chunk) [Capital Allocation](index=2&type=section&id=Capital%20Allocation) CRH is increasing cash returns to shareholders, highlighted by a 4% increase in the interim dividend to $0.25 per share. The company is also executing a substantial $3 billion share buyback program, with $1 billion completed in the first half of the year and another $1 billion tranche underway - The Board increased the interim dividend by **4% to $0.25 per share**[67](index=67&type=chunk)[92](index=92&type=chunk) - A **$3 billion share buyback program** is underway. **$1 billion** was completed in H1 2023, and a further **$1 billion** tranche was announced on June 30, 2023, to be completed by September 22, 2023[92](index=92&type=chunk) [2023 Trading Outlook](index=3&type=section&id=2023%20Trading%20Outlook) The company expects continued robust infrastructure demand in North America, supported by federal and state funding. While residential markets are expected to remain subdued, the overall outlook is positive. CRH anticipates full-year EBITDA of approximately $6.2 billion and net cash inflow from operating activities of around $5 billion Full-Year 2023 Guidance | Metric | Expected FY 2023 | FY 2022 Actual | |:---|:---|:---| | Group EBITDA | c. $6.2 billion | $5.6 billion | | Net cash inflow from operating activities | c. $5 billion | $4.0 billion | | Year-end net debt to EBITDA ratio | 1.1x to 1.3x | 0.9x | - North American operations are expected to benefit from robust infrastructure demand and government funding in clean energy and manufacturing. European markets are expected to see solid infrastructure and non-residential activity, though residential construction will remain challenging[57](index=57&type=chunk) [Transition to US Primary Listing](index=6&type=section&id=Transition%20to%20US%20Primary%20Listing) CRH shareholders overwhelmingly approved the transition to a US primary listing on the New York Stock Exchange (NYSE), which is expected to become effective on or around September 25, 2023. The company believes this move will provide increased commercial, operational, and acquisition opportunities, particularly in North America, which represents about 75% of Group EBITDA - Shareholders approved the transition to a US primary listing at an EGM on June 8, 2023, with the change expected to be effective around September 25, 2023[56](index=56&type=chunk)[89](index=89&type=chunk) - The company anticipates the US listing will accelerate its integrated solutions strategy and deliver higher profitability, returns, and cash for shareholders[36](index=36&type=chunk) [Segment Performance Review](index=3&type=section&id=Segment%20Performance%20Review) The Group's segments showed varied performance, with strong growth in Americas driven by pricing and acquisitions, while European segments faced mixed conditions due to weather and residential demand [Americas Materials Solutions](index=3&type=section&id=Americas%20Materials%20Solutions) This segment delivered a strong first half, with sales up 9% to $6.1 billion and EBITDA up 13% to $925 million. Performance was driven by solid price progression across all business lines, which more than offset lower volumes caused by unfavorable weather in some regions. Operating profit saw a significant 26% increase Americas Materials Solutions H1 Performance ($ million) | Metric | H1 2022 | H1 2023 | % Change | |:---|:---|:---|:---|\ | Sales Revenue | 5,546 | 6,059 | +9% | | EBITDA | 820 | 925 | +13% | | Operating Profit | 405 | 510 | +26% | | EBITDA Margin | 14.8% | 15.3% | +50bps | - On a like-for-like basis, sales increased by **8%** and EBITDA by **12%**[44](index=44&type=chunk) - Pricing was strong, with aggregates prices up **15%**, cement prices up **17%**, asphalt prices up **13%**, and readymixed concrete prices up **14%**[45](index=45&type=chunk)[46](index=46&type=chunk) [Americas Building Solutions](index=4&type=section&id=Americas%20Building%20Solutions) Americas Building Solutions reported robust growth, with sales increasing 21% to $3.8 billion and EBITDA up 25% to $810 million. This performance reflects strong contributions from prior-year acquisitions, particularly Barrette Outdoor Living, and solid commercial progress. On a like-for-like basis, sales and EBITDA were ahead by 1% and 3% respectively Americas Building Solutions H1 Performance ($ million) | Metric | H1 2022 | H1 2023 | % Change | |:---|:---|:---|:---|\ | Sales Revenue | 3,150 | 3,809 | +21% | | EBITDA | 646 | 810 | +25% | | Operating Profit | 534 | 633 | +19% | | EBITDA Margin | 20.5% | 21.3% | +80bps | - Sales in Outdoor Living Solutions were ahead, driven by good commercial progress and the contribution from the Barrette Outdoor Living acquisition (July 2022)[59](index=59&type=chunk) - Building & Infrastructure Solutions sales benefited from increased demand and robust public funding in telecommunications, water, and energy utility markets[52](index=52&type=chunk) [Europe Materials Solutions](index=4&type=section&id=Europe%20Materials%20Solutions) Sales for Europe Materials Solutions remained flat compared to the prior year at $4.8 billion, but were 5% ahead on a like-for-like basis. Strong pricing offset lower activity levels in most regions. EBITDA grew 13% to $625 million (14% on a like-for-like basis), driven by pricing discipline, operational excellence, and cost savings Europe Materials Solutions H1 Performance ($ million) | Metric | H1 2022 | H1 2023 | % Change | |:---|:---|:---|:---|\ | Sales Revenue | 4,772 | 4,792 | 0% | | EBITDA | 555 | 625 | +13% | | Operating Profit | 308 | 383 | +24% | | EBITDA Margin | 11.6% | 13.0% | +140bps | - Sales in Western Europe were well ahead of 2022, driven by the UK, Ireland, and France, with positive pricing offsetting lower volumes from subdued new-build residential activity[23](index=23&type=chunk) - In Central & Eastern Europe, strong pricing across all countries more than offset softer demand, leading to sales and operating profit growth[24](index=24&type=chunk) [Europe Building Solutions](index=5&type=section&id=Europe%20Building%20Solutions) This segment faced a challenging first half, with sales down 4% to $1.5 billion (6% behind on a like-for-like basis). The decline was driven by lower volumes due to extended winter weather and subdued new-build residential activity. Consequently, EBITDA and operating profit were down 15% and 27% respectively Europe Building Solutions H1 Performance ($ million) | Metric | H1 2022 | H1 2023 | % Change | |:---|:---|:---|:---|\ | Sales Revenue | 1,530 | 1,476 | -4% | | EBITDA | 189 | 160 | -15% | | Operating Profit | 138 | 101 | -27% | | EBITDA Margin | 12.4% | 10.8% | -160bps | - A robust performance from Infrastructure Products was offset by slower markets in Outdoor Living Solutions and Construction Accessories[29](index=29&type=chunk) - Outdoor Living Solutions sales declined due to unfavorable weather and a strong prior year comparative, with market demand slowing in Germany, Belgium, and Slovakia[30](index=30&type=chunk) [Condensed Interim Financial Statements](index=7&type=section&id=Condensed%20Interim%20Financial%20Statements) The Group reported increased revenue and profit in H1 2023, with higher operating cash flow, while total equity decreased and net debt increased due to share buybacks and acquisitions [Condensed Consolidated Income Statement](index=7&type=section&id=Condensed%20Consolidated%20Income%20Statement) For the six months ended June 30, 2023, the Group reported revenue of $16.1 billion, an increase from $15.0 billion in H1 2022. Operating profit from continuing operations rose to $1.63 billion from $1.39 billion. Profit before tax from continuing operations was $1.51 billion, and the Group profit for the period was $1.18 billion H1 2023 Income Statement Highlights ($ million) | Metric | H1 2023 | H1 2022 (Continuing Ops) | |:---|:---|:---|\ | Revenue | 16,136 | 14,998 | | Gross Profit | 5,281 | 4,755 | | Group Operating Profit | 1,627 | 1,385 | | Profit Before Tax | 1,510 | 1,203 | | Group Profit for the Period (Continuing Ops) | 1,178 | 938 | - Basic earnings per share from continuing operations increased to **$1.58** from **$1.21** in the prior year period[41](index=41&type=chunk) [Condensed Consolidated Balance Sheet](index=8&type=section&id=Condensed%20Consolidated%20Balance%20Sheet) As of June 30, 2023, the Group's total assets stood at $46.0 billion, a slight increase from $45.2 billion at year-end 2022. Total equity decreased to $21.3 billion from $22.3 billion, primarily due to share buybacks. Net debt increased to $6.9 billion from $5.1 billion at the end of 2022 Balance Sheet Summary ($ million) | Metric | 30 June 2023 | 31 Dec 2022 | |:---|:---|:---|\ | **Assets** | | | | Total Non-current Assets | 30,974 | 30,387 | | Total Current Assets | 15,009 | 14,801 | | **Total Assets** | **45,983** | **45,188** | | **Equity & Liabilities** | | | | Total Equity | 21,346 | 22,337 | | Total Non-current Liabilities | 13,410 | 13,962 | | Total Current Liabilities | 11,227 | 8,889 | | **Total Equity and Liabilities** | **45,983** | **45,188** | - Net debt stood at **$6.9 billion** at June 30, 2023, compared to **$4.3 billion** at June 30, 2022. The increase is partly attributable to the **$1.9 billion** acquisition of Barrette Outdoor Living in H2 2022[37](index=37&type=chunk)[222](index=222&type=chunk) [Condensed Consolidated Statement of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) The Group generated a net cash inflow from operating activities of $1.0 billion in H1 2023, a significant improvement from $0.6 billion in H1 2022, driven by higher profitability and lower working capital investment. Net cash outflow from financing activities was $1.8 billion, largely due to share buybacks ($0.96 billion) and dividend payments ($0.76 billion) Cash Flow Summary H1 2023 ($ million) | Metric | H1 2023 | H1 2022 | |:---|:---|:---|\ | Net cash inflow from operating activities | 998 | 621 | | Net cash (outflow)/inflow from investing activities | (906) | 2,125 | | Net cash outflow from financing activities | (1,845) | (1,470) | | (Decrease)/increase in cash and cash equivalents | (1,753) | 1,276 | [Notes to the Financial Statements](index=12&type=section&id=Notes%20to%20the%20Financial%20Statements) Key notes detail the drivers of performance, significant acquisitions, the impact of discontinued operations, and ongoing capital returns through dividends and share buybacks [Key Components of Performance (Note 2)](index=13&type=section&id=Key%20Components%20of%20Performance%20(Note%202)) The Group's 8% total sales growth to $16.1 billion was composed of a 4% organic increase, with the remainder from acquisitions. EBITDA grew 14% to $2.5 billion, with organic growth contributing 7% and acquisitions adding significantly. Pre-tax profit from continuing operations increased by 26%, with organic growth accounting for 19% of this increase H1 2023 Performance Bridge vs H1 2022 ($ million) | Metric | H1 2022 | Exchange | Acquisitions | Divestments | Organic | H1 2023 | |:---|:---|:---|:---|:---|:---|:---|\ | Sales | 14,998 | (208) | 813 | (86) | 619 | 16,136 | | EBITDA | 2,210 | (18) | 163 | 2 | 163 | 2,520 | | Pre-tax Profit | 1,203 | (6) | 41 | 50 | 222 | 1,510 | [Business Combinations (Note 13)](index=26&type=section&id=Business%20Combinations%20(Note%2013)) In the first half of 2023, the Group spent $0.2 billion on eight acquisitions. The largest was the acquisition of Ulricehamns Betong AB in Sweden. Total consideration for these acquisitions was $221 million, resulting in $78 million of goodwill. Post-period end, the Group acquired Hydro International, a provider of stormwater and wastewater solutions - The Group spent **$0.2 billion** on eight acquisitions in H1 2023[64](index=64&type=chunk) H1 2023 Acquisitions Summary ($ million) | Metric | Amount | |:---|:---|\ | Total Consideration | 221 | | Identifiable Net Assets Acquired | 143 | | Goodwill Arising | 78 | - Subsequent to June 30, 2023, the Group acquired Hydro International, enhancing its water management solutions portfolio in North America and Europe[65](index=65&type=chunk) [Discontinued Operations (Note 8)](index=20&type=section&id=Discontinued%20Operations%20(Note%208)) In April 2022, the Group completed the divestment of its Building Envelope business, which was classified as a discontinued operation. This resulted in a profit on disposal of $1.47 billion, recognized in H1 2022. There were no discontinued operations in H1 2023 - The divestment of the Building Envelope business was completed in April 2022[191](index=191&type=chunk) Results of Discontinued Operations - H1 2022 ($ million) | Metric | Amount | |:---|:---|\ | Revenue | 647 | | Operating Profit | 95 | | Profit on Disposals | 1,457 | | Profit Before Tax | 1,546 | | Profit After Tax | 1,168 | [Dividends (Note 7)](index=19&type=section&id=Dividends%20(Note%207)) The Board has declared an interim dividend of $0.25 per share, a 4% increase from the prior year. The dividend will be paid on November 22, 2023, to shareholders of record on October 20, 2023. Following the US listing change, the default payment currency will be US Dollar Dividend per Share | Dividend | Amount | |:---|:---|\ | 2023 Interim Dividend (Proposed) | $0.25 | | 2022 Interim Dividend (Paid) | $0.24 | - The ex-dividend date is October 19, 2023, and the payment date is November 22, 2023[188](index=188&type=chunk) [Share Buyback Programme (Note 16)](index=32&type=section&id=Share%20Buyback%20Programme%20(Note%2016)) CRH continued its share buyback program, returning $1.0 billion to shareholders in H1 2023. This brings the total cash returned since the program's inception in May 2018 to $5.1 billion. A further $1.0 billion tranche was announced on June 30, 2023, to be completed by September 22, 2023 - The Group returned **$1.0 billion** to shareholders via share buybacks in H1 2023[275](index=275&type=chunk) - Total cash returned under the program since May 2018 amounts to **$5.1 billion**[275](index=275&type=chunk) [Risk Factors & Forward-Looking Statements](index=34&type=section&id=Risk%20Factors%20%26%20Forward-Looking%20Statements) The Group identifies principal strategic, operational, and financial risks, alongside cautionary statements regarding forward-looking information and their inherent uncertainties [Principal Risks and Uncertainties](index=34&type=section&id=Principal%20Risks%20and%20Uncertainties) The Group faces a range of risks inherent to its global operations. Key strategic risks include industry cyclicality, economic conditions, and portfolio management. Operational risks involve people management, supply chain continuity, and health and safety. Financial and compliance risks include taxation, financial instruments, laws and regulations, and IT/cyber security - **Strategic Risks:** Industry cyclicality, economic conditions, public policy, climate change, commodity competition, and portfolio management (M&A)[287](index=287&type=chunk)[288](index=288&type=chunk)[308](index=308&type=chunk) - **Operational Risks:** People management, securing strategic mineral reserves, health and safety, IT and cyber security, and supply chain continuity[10](index=10&type=chunk)[11](index=11&type=chunk)[290](index=290&type=chunk) - **Financial & Compliance Risks:** Financial instruments (interest rate, currency, credit), goodwill impairment, taxation, laws and regulations, and foreign currency translation[14](index=14&type=chunk)[15](index=15&type=chunk)[313](index=313&type=chunk) [Forward-Looking Statements](index=36&type=section&id=Forward-Looking%20Statements) The report contains forward-looking statements regarding CRH's financial condition, results, and business strategy. These statements are subject to risks and uncertainties, and actual results could differ materially. The company disclaims any obligation to update these statements, and cautions readers not to place undue reliance on them - The document includes forward-looking statements concerning demand outlook, business strategy, financial capacity, the US listing transition, and decarbonisation targets[18](index=18&type=chunk)[295](index=295&type=chunk) - These statements are made under the "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995[316](index=316&type=chunk) [Other Information](index=32&type=section&id=Other%20Information) This section provides a glossary of Alternative Performance Measures (APMs) used by CRH to assess and report its financial and operational performance [Glossary of Alternative Performance Measures (APMs)](index=32&type=section&id=Glossary%20of%20Alternative%20Performance%20Measures%20(APMs)) CRH uses several non-GAAP Alternative Performance Measures (APMs) to monitor performance, including EBITDA, Net Debt, and Organic Growth. EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, amortization, and other specific items. Organic measures exclude the impact of acquisitions, divestments, and currency translation - Key APMs include EBITDA, Net Debt, and Organic Revenue/EBITDA. These are used by management to assess performance and allocate resources[111](index=111&type=chunk)[277](index=277&type=chunk) Reconciliation of Group Profit to EBITDA (Continuing Ops, $m) | Metric | H1 2023 | H1 2022 | |:---|:---|:---|\ | Group Profit for the Period | 1,178 | 938 | | Add back: Income Tax Expense | 332 | 265 | | Add back: Finance Costs less Income | 127 | 177 | | Add back: Depreciation & Amortisation | 893 | 835 | | Other Adjustments | (10) | (5) | | **EBITDA** | **2,520** | **2,210** |
CRH plc (CRH) Investor Presentation - Slideshow
2023-03-21 14:35
CRH 2022 Results Agenda Market Backdrop & Trading Performance Financial Performance & Capital Allocation Sustainability Update Accelerating Integrated Solutions Listing Considerations & Outlook Full Year Results 2022 1 Key Messages • Strong performance … further growth in sales, EBITDA, EPS, cash & returns • Margin expansion despite significant cost inflation • Strongest balance sheet in Group history … optionality for further value creation • FY dividend +5% … announcing $3bn share buyback over next 12 mon ...
CRH(CRH) - 2022 Q4 - Annual Report
2023-03-09 16:00
Financial Performance - Total sales for 2022 reached $32.7 billion, representing a 12% increase compared to 2021[21] - EBITDA for 2022 was $5.6 billion, up 48% from $3.9 billion in 2021[21] - Operating profit increased by 17% to $3.9 billion in 2022, compared to $3.3 billion in 2021[22][23] - Earnings per share rose to $3.50 in 2022, up from $3.06 in 2021[24] - Dividend per share increased to $1.27 in 2022, compared to $1.21 in 2021[30] - Profit after tax for 2022 was $3.9 billion, up from $2.6 billion in 2021, while EBITDA increased to $5.6 billion from $5.0 billion[165] - Operating cash flow for 2022 was $4.0 billion, compared to $4.2 billion in 2021[165] - The company generated a Return on Net Assets (RONA) of 13.3%, which is an increase of 340 basis points since 2018[63] - The company has 22.8 billion tonnes of reserves and $26.8 billion in net debt, indicating strong resource availability and financial positioning[158] Sustainability Initiatives - The company aims for a 30% reduction in absolute carbon emissions by 2030 from a 2021 base year, aligning with its net-zero ambition by 2050[53] - CRH aims to achieve net-zero emissions by 2050, with a target of a 30% reduction in absolute carbon emissions by 2030[88] - The company is focused on low-carbon materials and has over 100 research and innovation projects underway[43][44] - The company is embedding its Purpose into operational and strategic processes to guide organizational culture[83] - The company is committed to zero harm and continues to invest in safety technologies[85] - The company is working towards delivering its sustainability ambitions by 2050, with a focus on circularity and climate resilience[86] - The company is focused on sustainability, including decarbonization, waste recycling, and water conservation, to enhance resilience and create circular supply chains[144] - The company aims to address global challenges such as decarbonization, waste, and water through its new sustainability framework[186] - Eqiom, part of the Europe Materials Division, is involved in constructing the first carbon-free district in Paris, covering approximately 34,000 m² with up to 80% low-carbon concrete, resulting in CO2 savings of approximately 40% overall[200] Strategic Growth and Innovation - The company has allocated approximately 60% of its capital over the last five years to value-accretive acquisitions and internal growth investments, with around 40% returned to shareholders through dividends and share buybacks[62] - The company spent $3.3 billion on acquisitions in 2022, significantly up from $1.5 billion in 2021, including the $2.0 billion acquisition of Barrette Outdoor Living[109] - CRH launched CRH Ventures and an Innovation Fund in 2022 to support sustainable product development[43] - The company is investing $250 million in a venturing and innovation fund to support the development of new technologies and solutions in North America and Europe[55] - The company is focused on operational and commercial excellence programs to build better businesses globally[60] - The company is expanding and building strength through scale and improving business operations[103] - The company is committed to investing in talent and growing skills to drive business performance[100] - The company is focused on developing innovative solutions to meet customer and community demands for sustainable construction[195] Market Position and Demand - CRH has positioned itself in resilient sectors of the construction market, reducing business cyclicality[50] - The company anticipates resilient demand in North America, supported by strong pricing and government funding initiatives in clean energy and manufacturing[125] - Construction demand is driven by significant infrastructure needs and a resurgence in non-residential demand, particularly in the US, where resilient RMI activity is noted in the Northeast and Midwest[131] - In Europe, resilient RMI demand and sustainable construction are observed, particularly in stable Western Europe, alongside significant new build and residential needs[132] - The global population is projected to grow by approximately 2.5 billion by 2050, increasing demand for infrastructure, residential, and commercial projects[135] - The global economy is forecasted to more than double in size by 2050, continuing to drive investment in infrastructure, residential, and commercial projects[139] Safety and Workforce - There were five reportable fatalities in 2022, involving one employee and four contractors, highlighting the company's commitment to safety initiatives[85] - The company employs approximately 75,800 people, highlighting its significant workforce in the construction materials sector[158] - Approximately 2,789 frontline leaders completed leadership training, with 1,300 leaders participating in development programs[178] - The company is addressing labor shortages and wage inflation by investing in technology and digital solutions, creating significant value[156] Customer Focus and Solutions - The company focuses on delivering integrated end-to-end solutions, enhancing customer relationships and increasing customer spend[163] - The focus on customer connectivity aims to create preferred solutions that exceed customer expectations[100] - The company aims to address evolving customer demands for holistic solutions that reduce costs and complexity while improving environmental performance[142] - CRH's solutions strategy leverages scale and deep customer understanding to provide value-added materials and services[177] Regulatory and Environmental Challenges - Climate change and changing customer preferences are driving demand for critical infrastructure and sustainable materials, influencing CRH's strategic direction[153] - Regulatory changes aimed at decarbonizing the industry are stimulating demand for circularity and sustainable materials[156] - The construction sector accounts for approximately 40% of global carbon emissions, primarily from energy used in buildings and material manufacturing[192] - The company recognizes the need to reduce carbon emissions and manage exposure to climate change impacts while providing sustainable solutions[193]
CRH(CRH) - 2022 Q4 - Annual Report
2023-03-09 16:00
Report Publication - The 2022 Annual Report has been published on 10th March 2023 and is available on the Company's website[2] - The report has been filed with the US Securities and Exchange Commission, allowing US shareholders to request a hard copy free of charge[3] - The 2022 Annual Report is expected to be posted to shareholders who requested a hard copy on 29 March 2023[7]
CRH(CRH) - 2023 Q1 - Quarterly Report
2023-03-31 15:52
There have been no acquisitions completed subsequent to the balance sheet date which would be individually material to the Group, thereby requiring disclosure under either IFRS 3 or IAS 10 Events after the Balance Sheet Date. Development updates, giving details of acquisitions which do not require separate disclosure on the grounds of materiality, are published periodically. | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------|-------|-----------------------|-------- ...
CRH(CRH) - 2022 Q3 - Quarterly Report
2022-09-29 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ____________________________ FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A - 16 OR 15D - 16 OF THE SECURITIES EXCHANGE ACT OF 1934 30 September 2022 Commission File No. 001-32846 ____________________________ CRH public limited company (Translation of registrant's name into English) Belgard Castle, Clondalkin, Dublin 22, Ireland. (Address of principal executive offices) ____________________________ Indicate by check mark w ...
CRH(CRH) - 2022 Q2 - Earnings Call Presentation
2022-08-26 18:10
Interim Results 2022 Key Messages • Good performance … further growth in sales, EBITDA & margin • Efficient & disciplined capital allocation … $3.8bn divestment of Building Envelope business … $2.8bn invested in solutions-focused acquisitions … Interim dividend +4%; share buyback ongoing • Strong & flexible balance sheet • Outlook positive in a challenging cost environment … FY EBITDA expected to be c.$5.5bn … performance underpinned by resilient & integrated solutions strategy * 2021 continuing operations ...
CRH(CRH) - 2022 Q2 - Quarterly Report
2022-08-24 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ____________________________ FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A - 16 OR 15D - 16 OF THE SECURITIES EXCHANGE ACT OF 1934 25 August 2022 Commission File No. 001-32846 ____________________________ CRH public limited company (Translation of registrant's name into English) Belgard Castle, Clondalkin, Dublin 22, Ireland. (Address of principal executive offices) ____________________________ Indicate by check mark whet ...
CRH(CRH) - 2021 Q4 - Annual Report
2022-03-10 16:00
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CRH(CRH) - 2021 Q4 - Earnings Call Transcript
2022-03-03 15:04
CRH plc (NYSE:CRH) Q4 2021 Earnings Conference Call March 3, 2022 3:30 AM ET Company Participants Albert Manifold - Chief Executive Officer Jim Mintern - Chief Financial Officer Tom Holmes - Head, Investor Relations Conference Call Participants Paul Roger - Exane Albert Manifold Good morning, ladies and gentlemen. I'd like to welcome you to our 2021 Results Presentation for CRH. My name is Albert Manifold, I'm the Chief Executive. And this morning I'll be joined later on by Jim Mintern, our CFO. And togethe ...