CRH plc, the global building materials group, issues Full Year Results for the year ended 31 December 2019.


Key Highlights

Financial

  • €4.2bn EBITDA, +25% ahead of 2018 (+7% LFL)
  • €28.3bn sales, +6% ahead (+3% LFL)
  • Margin increase of +230bps
  • €3.5bn cash generated; €1.4bn returned to shareholders
  • Robust financial discipline; net debt/EBITDA of 1.7x
  • Full-year dividend per share up 15% to 83.0c
2019 Summary Financials
Sales revenue€28.3bn+6%
EBITDA€4.2bn+25%
EBITDA margin14.8%+230bps

Business Developments

  • €2.1bn divestments, Indian cement JV divested; €0.7bn acquisitions
  • Setting the most demanding carbon reduction targets in the industry to 2030
  • Changing reporting currency to US Dollar

Albert Manifold, Chief Executive, said today:

“CRH delivered good profit growth in 2019 supported by positive momentum in our heritage businesses and strong contributions from recent acquisitions. With a continuing focus on margin expansion, cash generation and enhanced returns for shareholders, we believe that 2020 will be a year of further progress for the Group.”


Announced Friday, 28 February 2020

Disclaimer:

Further information, including cautionary statements in order to utilise the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to forward-looking statements is set out in the full release linked below.


CRH will host a webcast and conference call at 8.30am GMT, 28 February 2020, to discuss this announcement. Registration details can be found on the Investor section of the website.

Contact CRH at Dublin 404 1000 (+353 1 404 1000)
Albert ManifoldChief Executive
Senan MurphyFinance Director
Frank HeisterkampDirector of Capital Markets & ESG
Tom HolmesHead of Investor Relations