CRH (CDI) (CRH)

Sector:

Construction and Building Materials

Index:

FTSE 100

3,863.00p
   
  • Change Today:
      14.00p
  • 52 Week High: 3,942.00
  • 52 Week Low: 2,756.50
  • Currency: UK Pounds
  • Shares Issued: 744.28m
  • Volume: 191,412
  • Market Cap: £28,752m
  • RiskGrade: 147
  • Beta: 0.02

CRH sees FY profits of $5.5bn against tough cost environment

By Frank Prenesti

Date: Thursday 25 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Building products maker CRH said it expected full-year core earnings to rise slightly to $5.5bn "against a continually challenging cost environment" after posting an increase in interim profits.
The figure compares with $5bn in 2021. CRH on Thursday said interim profits rose by a fifth to $2.2bn, driven by its North America and Europe markets.

Group sales of $15bn were 14% ahead of the same period last year and 12% ahead on a like-for-like basis. The interim dividend was increased 4% to 24 cents a share.

"Against a challenging inflationary cost backdrop, our Americas Materials Division is expected to be supported by resilient underlying demand as well as commercial and operational excellence initiatives," CRH said.

"Our Building Products Division is expected to benefit from positive underlying residential RMI and utility infrastructure demand as well as contributions from recent acquisitions. In Europe Materials, we expect the trading environment to remain challenged by inflationary cost pressures, macroeconomic uncertainty and geopolitical tensions."

The company said resilient demand for infrastructure projects and repair, maintenance and improvement works would bolster its US operations, which make up 75% of group earnings and where it is the biggest producer of asphalt for highway construction.

Reporting by Frank Prenesti at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CRH (CDI) Market Data

Currency UK Pounds
Share Price 3,863.00p
Change Today 14.00p
% Change 0.36 %
52 Week High 3,942.00
52 Week Low 2,756.50
Volume 191,412
Shares Issued 744.28m
Market Cap £28,752m
Beta 0.02
RiskGrade 147

CRH (CDI) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.80% above the market average42.80% above the market average42.80% above the market average42.80% above the market average42.80% above the market average
80.49% below the sector average80.49% below the sector average80.49% below the sector average80.49% below the sector average80.49% below the sector average
Price Trend
54.16% above the market average54.16% above the market average54.16% above the market average54.16% above the market average54.16% above the market average
80.95% above the sector average80.95% above the sector average80.95% above the sector average80.95% above the sector average80.95% above the sector average
Income
17.45% below the market average17.45% below the market average17.45% below the market average17.45% below the market average17.45% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average
Growth
79% below the market average79% below the market average79% below the market average79% below the market average79% below the market average
21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average

What The Brokers Say

Strong Buy 8
Buy 10
Neutral 2
Sell 0
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CRH (CDI) Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Sep-22 10-Mar-22
Paid 07-Oct-22 05-May-22
Amount 24.00¢ 98.00¢

Trades for 09-Feb-2023

Time Volume / Share Price
11:51 570 @ 3,862.42p
11:51 200 @ 3,863.00p
11:51 102 @ 3,862.50p
11:51 383 @ 3,862.50p
11:51 12 @ 3,862.50p

CRH (CDI) Key Personnel

Chair Richard (Richie) Boucher

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