CRH shares rise as earnings to top €1.1bn in H1

Shares in CRH — the international building products giant — have clawed back losses suffered when the UK last month voted to leave the EU after saying that earnings will rise by more than it expected in the current year.

It did not provide any details to which global unit was behind the profits upgrade but analysts said it was likely to be because of a stronger performance from North America.

The shares rose over 2.5% yesterday and have now clawed back all their losses since the Brexit referendum on June 23.