CRH lifts first-half earnings estimate by EUR 100m
CRH lifted its earnings estimate on Friday, as a result of exceptional trading in the second quarter.
Construction & Materials
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The FTSE 100 firm had indicated on 27 April that total group EBITDA for the first half of 2016 was expected to be close to €1bn.
“Based on the trading performance in the latter part of Q2, we now expect total Group EBITDA for the first half of 2016 to be approximately €1.1bn,” CRH said in a short update.
The company’s full interim report for the first six months of 2016 is scheduled for release on 25 August.