CRH Touts Good Start to the Year

CRH plc, the global building materials group, issued a Trading Update for the first quarter, noting: Positive start to the year, good underlying demand; First-quarter sales, EBITDA and margin ahead. Integrated solutions strategy continuing to deliver across all divisions. Year-to-date acquisition spend $0.6 billion; strong pipeline of opportunities. Albert Manifold, chief executive, said, “The continued delivery of our solutions strategy resulted…

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CRH’s Americas Materials Division Solid Through Three Quarters

CRH plc issued a company update for Jan. 1 to Sept. 30. Cumulative nine-month sales to the end of September amounted to $22.8 billion, an increase of 11% compared with the corresponding period in 2020 and 7% ahead on a like-for-like basis. First-half growth moderated in the third quarter as easing pandemic related restrictions in the third quarter of 2020…

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Concrete News

July 21, 2021 – According to the National Ready Mixed Concrete Association (NRMCA), the estimated ready mixed concrete produced in April 2021 is 35.6 million cu. yd., 20% higher than that in April 2020. The estimated production in the U.S. through April is 114.3 million cu. yd., approximately 6.8% higher than that during the same period in 2020. NRMCA joined a…

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CRH Calls 2020 Results ‘Robust Performance In a Challenging Environment’

CRH reported yearly sales of $27.6 billion in 2020 versus $28.1 billion in 2019. The company called its 2020 results a “robust performance in a challenging environment.” Economic activity in North America was impacted by the global pandemic, partly offset by government stimulus efforts. Like-for-like sales in its Americas Materials segment declined by 3% compared to 2019, mainly impacted by…

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