CRH predicts sales ahead of expectations for the first half of the year

The Irish building materials giant eyes growth in the US while the environment in Europe remains "challenging".

Albert Manifold, CRH chief executive. Pic: Gary O' Neill

Irish building materials giant CRH predicted that sales for the first half of the year will be ahead of expectations as its activity in the US has offset slower growth in Europe.

In a trading update, the company said it anticipates a "more challenging backdrop" in Europe this year driven by continued inflationary pressures and some slowdown in the new-build residential sector.