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CRH revenues up 6% in second quarter
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International Construction News | Construction Index
Jim Mintern, the building materials supplier's CEO, said, "We delivered a strong Q2 performance driven by good commercial execution, favorable underlying demand and further contributions from acquisitions.
Our unmatched scale, connected portfolio and leading performance supported higher profits and margin expansion against an inflationary cost backdrop.
"We remain focused on active portfolio management, completing three non-core divestitures, while reallocating capital into higher-growth, connected businesses.
Revenue growth was 10% for the group's Americas Materials Solutions business.
In Europe, revenue growth stood at 5% up, driven by infrastructure and reindustrialisation demand.