Even high oil prices don’t stop CRH from making a positive start to 2005

Ian Guider

Mr Molloy told shareholders at the company’s annual general meeting (AGM) that although trading has been strong, the effects of high oil prices and poor weather in Europe had offset some of the gains made in the first four months of the year.

He said poor weather conditions in Finland, Poland and Switzerland had hit its European materials division in the early part of the year, but have recovered in recent weeks.