CRH upbeat after revenues, profits jump

Irish building materials group CRH forecast another strong performance in 2025, after it posted a jump in full-year earnings.

CRH

Source: Sharecast

The New York-listed firm, which posted annual results after markets closed on Wednesday, said total revenues rose 2% in 2024, to $35.6bn, while net income jumped 15% to $3.5bn.

Adjusted earnings before interest, tax, depreciation and amortisation rose 12% to $6.9bn.

Jim Mintern, who was appointed chief executive at the end of last year, said: "2024 was a strong year for CRH, driven by our customer-connected solutions strategy and leading positions of scale in attractive, higher growth markets.

"The outlook for our business remains positive, underpinned by favourable demand and positive pricing momentum, leaving us well positioned for another year of growth and value-creation ahead."

Looking to the current year, CRH - which makes around 75% of its profits in North America - said it was well placed to benefit from "significant" public investment in critical infrastructure as well as increased re-industrialisation activity outside of the residential market.

As a result, it expects 2025 net income to come in between $3.7bn and $4.1bn, and adjusted EBITDA of between $7.3bn and $7.7bn.

As at 0915 GMT, the stock was down 1% in pre-market trading on Wall Street, and 1% lower at 8,016p in London.

Isin: IE0001827041
Exchange: London Stock Exchange
Sell:
7,224.00 p
Buy:
7,650.00 p
Change: -140.00 ( -1.90 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Lloyds and Lloyds Bank are trading names of Halifax Share Dealing Limited. The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.