European instability hits CRH performance

Building materials group CRH has said that trading operations in Europe in the first four months of the year has been affected by severe weather conditions in February and by the ongoing impact on sentiment of volatility in Eurozone financial markets.

In an interim management statement issued this morning ahead of the company's AGM today, CRH however said that its operations in the Americas have benefited from "favourable early weather conditions and a firmer tone in construction markets in the United States".