CRH lifts first-half earnings estimate by EUR 100m
CRH lifted its earnings estimate on Friday, as a result of exceptional trading in the second quarter.
Construction & Materials
9,698.52
17:09 25/04/24
-1.45%
-142.36
CRH (CDI)
6,196.00p
16:39 25/04/24
-0.86%
-54.00p
FTSE 100
8,078.86
17:14 25/04/24
n/a
n/a
FTSE 350
4,434.34
17:09 25/04/24
n/a
n/a
FTSE All-Share
4,387.94
16:49 25/04/24
n/a
n/a
The FTSE 100 firm had indicated on 27 April that total group EBITDA for the first half of 2016 was expected to be close to €1bn.
“Based on the trading performance in the latter part of Q2, we now expect total Group EBITDA for the first half of 2016 to be approximately €1.1bn,” CRH said in a short update.
The company’s full interim report for the first six months of 2016 is scheduled for release on 25 August.