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Germany's housing benefits

Following last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industr...
Articles - 26 October 2015

CRH

CRH completed the acquisition of certain assets in the Philippines on 14 September, the largest of which is Lafarge Republic.  CRH has secured a EUR484m investment by Abostiz Equity Partners, a...
Corporate - 01 October 2015

CRH plc announces change of role for Board member

CRH plc announces that Mark Towe, currently president and chief executive of Oldcastle, will assume the new role of chairman, CRH Americas. He will work with the group chief executive to support p...
News - 24 September 2015

CRH plc completes Philippines element of LafargeHolcim transaction

CRH has completed the acquisition of the assets acquired from LafargeHolcim in the Philippiness. In early August, CRH confirmed that the majority of the transactions relating to the package of ass...
News - 15 September 2015

Looking forward to growth

15 July 2015 saw the official launch day of LafargeHolcim, the merger between building materials giants, Lafarge and Holcim, which brings into being a world leader with 386.5Mta of cement producti...
Articles - 09 September 2015

LafargeHolcim offer to pay down €1.75bn debt

LafargeHolcim announced that they have offered to pay down EUR1.75bn worth bonds (average cost of 5.8 per cent) with an expiration date of 15 September. JP Morgan believe this should lower the a...
News - 08 September 2015

CRH appoints Group Finance Director

CRH announced yesterday the appointment of Senan Murphy as Group Finance Director with effect from 4 January 2016. Senan will succeed Maeve Carton who will become Group Transformation Director as ...
News - 08 September 2015

Spain: rising from the recession

As Spain’s economy starts to recover from the recession, domestic cement demand finally appears to be picking up after six consecutive years of contraction since 2008. So deep was the downturn tha...
Articles - 07 September 2015

CRH

CRH's 1H15 turnover advanced by 12.6 per cent to EUR9370m and EBITDA improved by 9.9 per cent to EUR555m. The trading profit increased by 11.2 per cent to EUR189m and after a net interest charge 8...
Corporate - 02 September 2015

Fitch affirms CRH rating, but lowers outlook

Fitch Ratings has affirmed Ireland-based building materials company CRH plc's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB'. It has also downgraded the Short-term IDR ...
News - 01 September 2015