CRH makes contingency plans for break-up of euro

IRELAND’S biggest company — CRH Plc — is making contingency plans for a possible break-up of the euro as the debt crisis crimps sales growth in the region.

While countries leaving the euro was “hopefully unthinkable,” the Dublin-based supplier of building materials is making preparations “as any responsible company should have in place,” chief executive Myles Lee said.

“As the market concerns about the eurozone intensified, we have seen that like-for-like sales growth moderating through the back end of the year” in the euro region, he said in an interview with Francine Lacqua on Bloomberg Television.