CRH - November 2013

In its autumn trading statement, CRH announced that it expects the EBITDA to be broadly in line with last year's number, assuming normal weather patterns for the remainder of the year. Depreciation and amortisation charges as well as the net interest charge are forecast to be a little lower than in 2012, though the net debt is expected to be about EUR300m higher. Acquisitions and large capital investments amounted to around EUR660m, of which EUR492m were in heavy building materials, and included acquisitions in the developing economies of Ukraine, India and China. 

To continue reading this story and have 100% free access to the website, please Register for a subscription to International Cement Review or Login