CRH sees sales decline slowing, expects strong H2

Building materials group CRH today said it expected its sales decline for the year to date to reduce to approximately 10%, compared with the 14% decline to end April reported in early May.

In an interim trading statement issued this morning for the six months to June 30, 2010, the company said it now expects that first-half profit before tax is expected to be close to break-even after after restructuring costs of approximately €30m.