CRH appoints chairman designate and a non-executive director
CRH plc has appointed Richard Boucher as chairman designate on 25 September 2019. The Board has also appointed Johan Karlström as a non-executive director, with effect from 25 S...
Ireland
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Irish Cement receives EPA approval for tyre burning
Irish Cement has been granted a licence by the Environmental Protection Agency to burn tyres and other solid wastes as fuel at its Mungret facility, Limerick, Republic of Irelan...
CRH CEO sells shares in company
CRH Chief Executive Officer, Albert Manifold, has sold 102,621 shares at EUR29 each just below the 52-week high of EUR31, totalling EUR2.98m, reports the Financial Times. CRH re...
Breedon Group reports 18% revenue increase
UK-based Breedon Group has reported an 18 per cent YoY rise in revenue to GBP447.4m for the first six months of 2019. Pretax profit advanced 30 per cent to GBP39.5m, compared to...
CRH divests its European Distribution business for EUR1.64bn
CRH has agreed the divestment of its European Distribution business to private equity funds managed by Blackstone for an enterprise value of EUR1.64bn in cash, subject to regula...
CRH continues share buy-back
CRH plans to repurchase EUR350m (US$390.6m) of ordinary shares between 29 April and 16 August 2019, according to a company statement. Under the terms of the buyback, ordinary sh...
Ecocem proposes capital restructure and dividend payment
Irish cement producer Ecocem is preparing to pay out large dividends, reports the Irish Times. Shareholders at Ecocem are likely to recieve healthy dividends after the group pro...
CRH announces board update
CRH has announced that Don McGovern will step down from its Board of Directors on 25 April 2019, after serving two three-year terms. "On behalf of the board I would like to than...
CRH sees 31% hike in group net profit in 2018
CRH reported a six per cent increase in sales revenues to EUR26.79bn in 2018 from EUR25.22bn in 2017. The company’s EBITDA advanced seven per cent to EUR3.365bn in 2018 when com...
Cevian Capital announces stake in CRH
Europe's largest activist investor, Cevian Capital, has announced that it has built up a stake in CRH to become its second-biggest individual investor. "The group has many stron...