"Our third quarter results represent another strong performance with further growth in sales, profits and margins," said CRH chief executive Albert Manifold, whose retiring at the end of this year and handing over the reins to chief financial officer Jim Mintern.
"Despite contending with adverse weather in the quarter, our differentiated solutions strategy continues to deliver industry-leading performance, while the strength of our balance sheet combined with our disciplined approach to capital allocation leaves us well positioned to capitalise on the growth and value creation opportunities that lie ahead," added Mr Manifold.
CRH generated more than half its $35bn in revenues last year in the Americas - most of it in the United States. The region also accounted for more than half its $6.2bn adjusted ebitda in 2023.
Its adjusted ebitda was $2.5bn in the three months to the end of September, which was 12pc higher year-on-year. It said the increase came on the back of the delivery of its integrated solutions strategy, positive pricing, ongoing cost control and further operational efficiencies.
Collection
[
|
...
]