Ireland-based CRH saw its overall group revenues rise by 9% in Q1 2016, with a 22% rise in its American segment and a 12% increase in Asia. The building material firm also spent €85 million on investments and takeovers while selling €78 million worth of assets.
April 28, 2016
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Ireland-based 723 CRH saw its overall group revenues rise by 9% in Q1 2016, with a 22% rise in its American segment and a 12% increase in Asia. The building material firm also spent €85 million on investments and takeovers while selling €78 million worth of assets. CRH estimates earnings will surge by mid-single digit percentage to almost €1 billion in the first half of 2016. Construction demand in the US is also projected to rise moderately.
