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CRH ’unlikely’ to seek Lafarge-style rights issue

CRH is unlikely to follow French construction material groups Lafarge and Saint Gobain in pursuing a "rights issue" in the near term, unless it came across a large deal that would be too good to p...
News - 25 February 2009

CRH purchases shareholding in Yatai Cement, China

CRH plc announces completion of its acquisition of a 26% shareholding in the Jilin Yatai Group’s cement operations (Yatai Cement), for RMB 2.1bn (EUR 224m), details of which were announced on 30...
News - 08 January 2009

CRH Trading Statement

CRH currently expects to deliver 2008 profit before tax in excess of EUR1.6bn which would represent a mid-teen percentage decline on the 2007 outcome of EUR1.904bn, in line with guidance provided ...
News - 06 January 2009

CRH implements previously announced Board changes

CRH plc, the international building materials group, confirms that the following Board changes, announced during 2008, took effect from 1 January 2009. Mr. Myles Lee succeeded Mr. Liam O’Mahony as...
News - 30 December 2008

Cemex US markets under pressure in 2009

Cemex could face more price declines in 2009 in the US, as lower-cost cement imports erode profit in the Mexican company’s largest market, weighing on efforts to reduce its $16.4 billion debt bur...
News - 30 December 2008

ACC to decide on Shiva Cement warrant conversion this week

ACC, India’s single-largest cement maker and part of Holcim, is likely to decide this week on conversion of equity warrants in Shiva Cement. The conversion could substantially increase ACC’s equit...
News - 15 December 2008

Global cement majors eye stake in Andhra Cements

Leading cement makers, such as Lafarge, CRH and Italcementi, are said to be in the race to buy stake in Andhra Cements (ACL), cement producer arm of the Duncan Goenka group, reports Economic Times...
News - 11 December 2008

CRH to expand Polish operations

CRH is spending €250 million on expanding its manufacturing facilities in Poland, according a report by the Irish Times, citing the company’s head of operations there. Declan Maguire, regional di...
News - 28 November 2008

CRH announces completion of EUR1.5bn debt facilities

CRH plc’s Interim Management Statement, released on 11th November, disclosed that the Group was close to completing the renewal and extension of EUR1.5bn of bank facilities. These renewals have no...
News - 24 November 2008

CRH expects a 15% pre-tax profit decline for 2008

CRH has seen a sharper than expected slowing down in activity in Europe during September and October, while the American businesses have been performing very much in line with expectations.  Fo...
News - 12 November 2008