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CRH sees first-half earnings 'well ahead' of last year as US economy recovers

Building materials giant posted $1.6bn in earnings for first six months of 2020 ....

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CRH sees first-half earnings moving 'well ahead'

CRH, the largest company on the Iseq stocks index in Dublin, said that it expects its first-half earnings to be âwell aheadâ of the same period last year, which was affected by Covid-19 disruptions on both sides of the Atlantic.
The building materials giant posted $1.6 billion (â¬1.33 billion) of earnings before interest, tax, depreciation and amortisation (ebitda) for the first six months of 2020.
âDespite near-term uncertainties, we expect group ebitda for the seasonally less significant first half of the year to be well ahead of the first half of 2020 which was adversely impacted by Covid-19 related disruption in the second quarter,â the company, led by chief executive Albert Manifold, said in a trading update on Wednesday. ....

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