CRH Interim Results | 2020

Key Highlights

• Health & safety remains our number one priority
• Robust performance in a challenging environment
• Decisive reaction to evolving market backdrop
• EBITDA and margin ahead despite lower sales
• Record cash generation; further underpinning financial strength & flexibility
• $3.8bn improvement in net debt position; $10bn of available liquidity
• Continued dividend delivery; interim dividend in line with prior year

• Q3 EBITDA is expected to be in line with prior year
• Limited visibility for Q4 and into 2021
• Focused on continuing to improve profitability, margins & cash

Albert Manifold, Chief Executive, said today:

“Our first-half performance is testament to the hard work and dedication of all our people during a very challenging and uncertain period. As ever, health and safety is our number one priority and our primary focus is to provide a safe working environment for all of our employees. As a Group we took swift and comprehensive action in response to the COVID-19 crisis, and our ability to flex our cost base and deliver improved profitability, margins and cash generation in a rapidly evolving environment demonstrates the strength and resilience of our business. The outlook for the rest of the year and into 2021 remains uncertain and is dependent on an improving health situation across our markets.”

Announced Thursday, 20 August 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 BST, 20 August 2020, to discuss this announcement. Registration details can be found on the Investor Section of the website.