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CRH makes good start to 2021

CRH, the Ireland-headquartered global building materials group, has made a positive start to 2021 with a 3% year-on-year rise in its like-for-like sales in the first quarter.
By Guy Woodford April 28, 2021 Read time: 1 min
CRH CEO Albert Manifold

“We had a positive start to the year in a seasonally quiet period for our business with good underlying demand and pricing progress across our key markets," said CRH’s Group CEO Albert Manifold. "While near-term uncertainties remain, we expect first-half profitability to be well ahead of the prior-year period, which experienced a heavily disrupted second quarter due to COVID-19. As we look ahead to the second half of the year, we expect further normalisation in our markets as the health situation continues to improve.”

The first quarter of 2021 saw the completion of the US$200 million divestment of CRH’s Brazilian cement business.

 

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