CRH helped by acquisitions

 CRH helped by acquisitions
Published: 28 February 2012

Tagged Under: Ireland CRH 

CRH's turnover recovered by 5.3% last year to €18,081m and the EBITDA was ahead by 2.5% to €1656m. The trading profit rose by 24.8% to €871m and after other charges, including a net interest charge 5.1% higher at €229m, the running pre-tax profit improved by 12.9% to €743m. The net attributable profit advanced by 36% to €597m. Net debt at the end of December was 0.3% higher at €3483m and the gearing level was marginally lower at 32.9% compared with 33.4%, as shareholder's funds increased by 1.7% to €10,583. Capital expenditure rose by 11.8% to €576m and 10.5% more was spent on acquisitions at €567m.

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