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CRH plc - $CRH STOCK NEWS

Welcome to our dedicated page for CRH plc news (Ticker: $CRH), a resource for investors and traders seeking the latest updates and insights on CRH plc stock.

CRH Public Limited Company (CRH) is a diversified building materials business headquartered in Dublin, Ireland. The company manufactures and supplies a wide range of products for the construction industry, including aggregates, cement, asphalt, and other building materials. CRH operates a vertically integrated business model, ensuring control over every stage of the production process, from raw material extraction to the delivery of finished products.

Over the past decade, CRH has transformed into a leading player in the building materials sector, with a significant focus on upstream activities such as aggregates and cement. North America represents CRH's largest market, accounting for 75% of its EBITDA. In fact, CRH is the largest producer of aggregates and asphalt in the United States.

CRH's recent achievements include the publication of its Annual Report for the fiscal year ending December 31, 2023, which is available on the company's website and the U.K. National Storage Mechanism. The company also filed its quarterly Form 10-Q for the period ending March 31, 2024, with the U.S. Securities and Exchange Commission.

The company's strong financial health is evidenced by consistent revenue growth and strategic partnerships that enhance its market position. CRH's commitment to sustainability and innovation further cements its role as a critical supplier in the construction industry.

For more updates, shareholders are encouraged to visit the official CRH website or contact the Company Secretary for specific queries.

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CRH PLC announced the filing of Form 10-Q for the quarter ended March 31, 2024, with the SEC. The form is available on the SEC and company websites. Contact Neil Colgan for enquiries.

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CRH plc has completed the latest phase of its share buyback program, returning $0.3 billion to shareholders. Since May 2018, $7.6 billion has been returned to shareholders. HSBC Securities (USA) Inc. will repurchase ordinary shares for up to $0.3 billion on behalf of CRH, starting on May 10, 2024. The Buyback aims to reduce CRH's share capital and will be conducted in compliance with relevant regulations.

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CRH plc reported Q1 2024 results with total revenues of $6.5bn (+2%), net income of $114m, and adjusted EBITDA of $445m (+15%). The company completed acquisitions worth $2.2bn and divestitures of $0.7bn. CRH reaffirmed FY24 guidance with net income ranging from $3.55bn to $3.80bn.

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CRH plc will release its Q1 2024 financial results on May 10, 2024, followed by a conference call and webcast presentation. Investors and the public can register for the event on CRH's website.
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CRH plc releases quarterly financial information for the financial year ended December 31, 2023, under U.S. GAAP standards.
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CRH acquires BoDean Company Inc. and Northgate Ready Mix, in California, expanding its Materials Solutions business and enhancing its presence in the Northern California market. The acquisitions add two aggregates quarries, two ready mixed concrete plants, one asphalt plant, and one recycle plant to CRH's operations, strengthening its ability to provide integrated solutions to customers.
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CRH plc completes the divestment of its lime operations in Europe, generating $1.1 billion in total consideration.
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CRH plc releases its 2023 Annual Report on Form 10-K, providing shareholders with access to audited financial statements. The report can be viewed on the company's website and will be available for inspection at the U.K. National Storage Mechanism. Shareholders can request a physical copy for free.
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CRH plc completes $0.3 billion share buyback program, repurchasing 4.2 million ordinary shares on NYSE. Total cash returned to shareholders reaches $7.3 billion since May 2018. Barclays Capital Inc. to conduct Buyback for up to $300 million. The purpose is to reduce share capital within regulatory guidelines.
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CRH plc (NYSE:CRH) reports a strong financial performance in 2023 with total revenues of $34.9bn, a 7% increase from 2022. Income from continuing operations rose by 14% to $3.1bn, with Adjusted EBITDA increasing by 15% to $6.2bn. EPS from continuing operations grew by 22% to $4.36. The company's integrated solutions strategy led to margin expansion for the 10th consecutive year. CRH made significant acquisitions, invested in strategic opportunities, and maintained a strong balance sheet. The outlook for 2024 remains positive, with expected growth in net income, Adjusted EBITDA, and EPS.
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FAQ

What does CRH Public Limited Company do?

CRH manufactures and supplies a wide range of building materials, including aggregates, cement, asphalt, and more, for the construction industry.

Where is CRH headquartered?

CRH is headquartered in Dublin, Ireland.

What is the significance of North America for CRH?

North America is CRH's largest market, accounting for 75% of its EBITDA. CRH is also the largest producer of aggregates and asphalt in the U.S.

How does CRH ensure quality in its products?

CRH operates a vertically integrated business model, controlling every stage of the production process from raw material extraction to the delivery of finished products.

What recent financial reports has CRH filed?

CRH recently published its Annual Report for the fiscal year ending December 31, 2023, and filed its Form 10-Q for the quarter ending March 31, 2024.

How can I access CRH's financial reports?

CRH's financial reports are available on the company's website and the U.K. National Storage Mechanism. They are also filed with the U.S. Securities and Exchange Commission.

What is CRH's commitment to sustainability?

CRH is committed to sustainability and innovation, focusing on practices that enhance environmental and social responsibility.

Who can I contact for more information about CRH?

For more information, you can contact Neil Colgan, the Company Secretary, at Tel: 00 3531 6344340.

How has CRH transformed over the past decade?

Over the past decade, CRH has focused on expanding its upstream building activities such as aggregates and cement, solidifying its position as a leading building materials business.

Where can I find the latest news about CRH?

The latest news and updates about CRH can be found on their official website and through official financial news services.

CRH plc

NYSE:CRH

CRH Rankings

CRH Stock Data

53.54B
648.70M
0.48%
73.29%
1.09%
Cement Manufacturing
Manufacturing
Link
United States of America
DUBLIN 16

About CRH

CRH plc is an international group of diversified building materials businesses whose headquarters is in Dublin, Ireland. It manufactures and supplies a wide range of products for the construction industry.