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 plc (NYSE: CRH) generates a steady flow of news related to its role as a global provider of building materials and infrastructure solutions. Company announcements emphasize its position as the leading provider of building materials critical to modernizing infrastructure, with market leadership in North America and Europe and membership in the S&P 500 Index.
News items for CRH often cover quarterly and annual financial results, including updates on revenues, net income, margins and non-GAAP measures such as Adjusted EBITDA. These releases are typically accompanied by conference call and webcast details, as well as references to the companys Form 10-Q and other SEC filings that provide more detailed segment and financial information.
CRHs news flow also includes updates on capital allocation, such as dividend declarations and share buyback activity. The company has highlighted a multi-decade track record of consistent dividend payments since its formation in 1970 and has announced ongoing share repurchase programs, including new buyback tranches conducted through arrangements with financial institutions.
Strategic developments and acquisitions are another recurring theme. CRH has announced acquisitions in aggregates and other building materials businesses, as well as agreements to acquire companies such as Eco Material Technologies, subject to regulatory approvals and customary closing conditions. Through CRH Ventures, the company also reports on venture investments in ConTech and ClimateTech start-ups, including partnerships with firms providing AI-powered pavement condition assessment and roadway asset digitization.
Investors and observers can expect CRH news to feature infrastructure-focused growth initiatives, Investor Day presentations outlining multi-year financial targets, debt offerings and financing activities, and updates from related businesses such as Oldcastle APG and its portfolio of outdoor living brands. This news page provides a centralized view of these developments for those tracking CRHs strategy, financial performance and role in global infrastructure and construction markets.
CRH plc has announced the filing of its 2024 Annual Report on Form 10-K with the U.S. Securities and Exchange Commission (SEC). The report, covering the fiscal year ended December 31, 2024, is now accessible on both the SEC's website and CRH's corporate website.
The report has been submitted to the U.K. National Storage Mechanism and will be available for inspection through their online platform. Shareholders can request physical copies of the complete audited financial statements free of charge by contacting the Company Secretary's office via email or regular mail. Physical copies are scheduled to be mailed to requesting shareholders around March 28, 2025.
CRH (NYSE: CRH) has completed its latest share buyback phase, repurchasing 3.0 million ordinary shares and returning $0.3 billion to shareholders between November 2024 and February 2025. This brings the total cash returned under the program to $8.5 billion since May 2018.
The company has announced a new arrangement with TD Securities for an additional $0.3 billion share buyback program, running from February 27 to May 2, 2025. The new program allows for up to 45 million ordinary shares to be acquired and cancelled, with TD Securities making independent trading decisions within preset parameters.
The buyback will be conducted in compliance with U.S. Securities Exchange Act rules and EU Market Abuse Regulation, exclusively through U.S. markets.
CRH reported strong financial results for Q4 and full year 2024, with total revenues reaching $35.6 billion, up 2% from 2023. Net income increased 15% to $3.5 billion, while Adjusted EBITDA grew 12% to $6.9 billion. The company completed 40 acquisitions for $5.0 billion, including major investments in Texas cement operations ($2.1 billion) and Australia's Adbri.
Q4 2024 performance showed revenue of $8.9 billion (+2% YoY) and net income of $0.7 billion (+24% YoY). The company maintained strong margins, with Q4 net income margin at 8.0% and Adjusted EBITDA margin at 20.0%.
CRH returned $3 billion to shareholders through dividends and buybacks, including a 5% dividend increase to $1.40 per share. The company announced a new quarterly dividend of $0.37 per share (+6% annualized) and completed a $1.3 billion share buyback program, with an additional $0.3 billion tranche planned.
Oldcastle APG, North America's leading outdoor living solutions provider, will showcase its latest innovations at the 2025 NAHB International Builders' Show in Las Vegas from February 25-27. The company is introducing Catalyst Fence Solutions, its new flagship fence brand offering vinyl, molded, aluminum, steel, and mixed material products.
The company will display its comprehensive portfolio spanning six categories: Outdoor Flooring, Shade, Security & Privacy, Landscaping, Backyard Features, Set, Seal & Repair, and Wall Surfaces. Featured brands include MoistureShield Decking & Railing, Belgard Hardscapes, Catalyst Fence Solutions, RDI Railing, Elements Home, and PebbleTec Pool Finishes.
Key product highlights include InstaDeck's snap-together system, Meridian composite deck's new Shoal colorway, Stratos Composite Enhanced PVC Decking, and Belgard's Artforms modular concrete panel system.
Oldcastle APG, a CRH Company, has acquired two Gardenscape bagging facilities in Archbold, Ohio and Emlenton, Pennsylvania. The acquisition strengthens Oldcastle APG's Lawn & Garden business capabilities in the Midwest and East Coast regions. The facilities, acquired from Gardenscape, a wholesale supplier of bulk and bagged mulches and soils, will be integrated into Oldcastle APG's existing operations.
This strategic move complements Oldcastle APG's recent acquisitions in the Southeastern, Mid-Atlantic, and Mountain West regions, enhancing service levels and expanding customer reach. The acquisition aligns with the company's mission to provide end-to-end outdoor living solutions and help people 'Live Well Outside.'
CRH (NYSE: CRH), the leading provider of building materials solutions, has announced it will release its fourth quarter and full year 2024 financial results after the U.S. market closes on Wednesday, February 26, 2025. The company will host a conference call and webcast presentation the following day, Thursday, February 27, 2025, at 8:00 a.m. EST.
The results and presentation materials will be accessible at www.crh.com/investors/results-presentations. Interested parties can register for the event at www.crh.com/investors, where they will receive access to the call link and dial-in information. A replay of the webcast will be available on the company's website.
Sakrete and Amerimix, both brands under Oldcastle APG, will showcase their latest product innovations at World of Concrete from January 21-23, 2025, in Las Vegas. The companies will host an interactive booth (S10827) in the South Hall, featuring Sakrete's concrete products and Amerimix's pre-blended mortars, stuccos, and grouts.
The booth will combine educational experiences, including guidance on selecting concrete mixes and improving jobsite efficiency, with interactive challenges like the 'Perfect Mix Challenge' and 'Know Your Mix' competition. Visitors can earn tokens to play Sakrete Slots for prizes. Additionally, Sakrete is sponsoring the World of Concrete Beer Garden in Central Hall, where attendees can watch the new season of Concrete Combat, a concrete competition reality series.
Oldcastle APG, a CRH company, has launched Catalyst Fence Solutions, its new flagship fence brand that consolidates multiple industry-leading brands including Barrette Outdoor Living, National Vinyl Products, Alumi-Guard, and others. The brand becomes North America's largest provider of high-performance vinyl, molded, aluminum, steel, and mixed material fencing products.
Catalyst leverages 25+ years of manufacturing experience and combines exclusive patented technologies to deliver durable fencing solutions for both residential and commercial applications. The products come with dedicated customer support and various warranty options, including a transferable lifetime warranty.
This strategic launch aligns with Oldcastle APG's broader initiative to refresh its branding and product categorization around outdoor living spaces. Catalyst joins other premium brands in the company's portfolio like MoistureShield, Sakrete, RDI Railing, and Belgard.
Sakrete, a brand under Oldcastle APG, launches season 2 of its reality competition show Concrete Combat on Roku TV. The show features eight professional contracting teams competing for a $10,000 prize and a chance to attend World of Concrete 2025 in Las Vegas. The new season consists of six episodes with various challenges using Sakrete concrete materials and Belgard hardscapes products. Projects include overlay paver work, outdoor kitchen construction, and a 'Skatepark Showdown' challenge. Returning champions Concrete Mike compete alongside other teams, with judges Mike Day, Jose Garcia, and Pat McClain returning to evaluate the contestants. The show is available on Roku TV and Sakrete's YouTube channel.
CRH has appointed Alan Connolly as Interim Chief Financial Officer effective January 1, 2025, following the previously announced transition of current CFO Jim Mintern to CEO role. Connolly, a Chartered Accountant with over 30 years of finance experience at CRH, has served in various senior finance positions including Director of Strategic Finance, Finance and Performance Director of Europe Materials, CFO of Global Building Products, and Director of Group Finance. The company is conducting a comprehensive search process for a permanent CFO successor, considering both internal and external candidates.
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