CRH: exceeds expectations in H1
(CercleFinance.com) - CRH has announced H1 2018 net income from continuing operations that is up 9% at 378 million euros, or 45 cents per share, while the consensus was expecting EPS of 37 cents.
The building materials supplier achieved roughly stable EBITDA (+1%) at 1.13 billion euros, representing a margin of 9.5% for revenues that were up 1% at just over 11.9 billion euros (+2% on a comparable basis).
On the strength of this performance over the first six months and confident for the second half of the year, the board of directors of the Irish group decided to raise its interim dividend by 2% to 19.6 cents per share.
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The building materials supplier achieved roughly stable EBITDA (+1%) at 1.13 billion euros, representing a margin of 9.5% for revenues that were up 1% at just over 11.9 billion euros (+2% on a comparable basis).
On the strength of this performance over the first six months and confident for the second half of the year, the board of directors of the Irish group decided to raise its interim dividend by 2% to 19.6 cents per share.
Copyright (c) 2018 CercleFinance.com. All rights reserved.