logo
Plus   Neg
Share
Email

CRH Plc Q1 LFL Sales Up 7% - Quick Facts

CRH plc (CRH,CRH.L) reported that its first-quarter like-for-like Group sales were up 7%, supported by pricing progress across all major product lines. For the first half of the year, the Group EBITDA, is expected to be in excess of 1.5 billion euros, reflecting a mid-single digit percentage increase on a like-for-like basis. For the second half of the year, like-for-like EBITDA is anticipated to be ahead of the second half of 2018.

The Group said the strategic review of the Europe Distribution business is ongoing. The Group has agreed to divest of its European Shutters & Awnings business to StellaGroup for consideration in excess of 0.3 billion euros.

CRH will report its first-half results on 22 August 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
SiriusXM launched a new subscription package exclusively for college students at a steep discount, just ahead of the fall semester. The satellite-radio giant introduced the "Student Premier" Package that provides students with all the content in SiriusXM's "Premier Streaming" package for $4 per month. This is a 69 percent discount from the regular price of $12.99 per month for Premier Streaming. Apple Inc. warned that its newly launched titanium Apple Card can be easily damaged if not stored properly. The company advised that the card must be kept away from fabrics like leather and denim as they can cause permanent discoloration. The tech giant has posted a support page that provides instructions to users on how to protect and maintain their Apple Card. Southwire Co. LLC recalled about 3000 units of Garvin pop-up electrical outlet floor box kits for concerns of fire hazard. The company said the electrical receptacles can overheat when in use. Southwire already received three reports of the floor boxes overheating. However, there have been no injuries reported so far.
Follow RTT