CRH revenues jump 15% on European and North American construction recoveries

Chief executive Albert Manifold said the group expects the earnings momentum seen in the first half of the year to carry over for the remainder, based on current trading conditions and the sustained recovery in its core markets. Picture: Jason Clarke Photography

CRH has posted a strong set of first-half results, buoyed by recoveries in its main markets of Europe and North America.

The Irish building materials giant posted sales of $14bn (€12bn) for the six months to the end of June, 15% higher than the same period last year. Earnings, on an EBITDA basis, were 25% ahead, year-on-year, at $2bn.