Dublin's building materials giant CRH shares jump 5% on positive outlook

CRH saw its share price jump by over 5% yesterday on the back of a strong third quarter update from the building materials giant.

The Dublin-headquartered group reported a 14% year-on-year jump in revenues for the three months to the end of September, with sales for the first nine months up 16% on the same period last year.

Both increases were driven by a strong showing in its Americas business, where overall economic recovery is boosting construction demand.