Global Finance News
30 Apr 2026, 17:28
CRH reported a strong start to 2026, with solid revenue growth and improved operating performance, while reaffirming its full-year outlook.
First-quarter revenue rose 9% year-over-year to $7.4 billion, supported by early-season construction activity, disciplined pricing, and contributions from acquisitions. Adjusted EBITDA increased 18% to $0.6 billion, with margin improving to 8.0%.
Despite the operational strength, the company reported a net loss of $0.2 billion, wider than the prior year, mainly due to higher depreciation, impairment charges, and increased interest expenses.
CRH continued active portfolio management, agreeing to $1.9 billion in divestitures of non-core assets while investing $0.9 billion in acquisitions, including Axius Water, to strengthen higher-growth segments. The company also announced a quarterly dividend of $0.39 per share (+5%) and an additional $0.3 billion share buyback.
Looking ahead, CRH reaffirmed its 2026 guidance, expecting net income of $3.9–$4.1 billion and adjusted EBITDA of $8.1–$8.5 billion, citing resilient demand across key markets.
Source: Company press release
First-quarter revenue rose 9% year-over-year to $7.4 billion, supported by early-season construction activity, disciplined pricing, and contributions from acquisitions. Adjusted EBITDA increased 18% to $0.6 billion, with margin improving to 8.0%.
Despite the operational strength, the company reported a net loss of $0.2 billion, wider than the prior year, mainly due to higher depreciation, impairment charges, and increased interest expenses.
CRH continued active portfolio management, agreeing to $1.9 billion in divestitures of non-core assets while investing $0.9 billion in acquisitions, including Axius Water, to strengthen higher-growth segments. The company also announced a quarterly dividend of $0.39 per share (+5%) and an additional $0.3 billion share buyback.
Looking ahead, CRH reaffirmed its 2026 guidance, expecting net income of $3.9–$4.1 billion and adjusted EBITDA of $8.1–$8.5 billion, citing resilient demand across key markets.
Source: Company press release
