CRH plc issues Full Year Results for the year ended 31 December 2021.


Key Highlights
  • Another year of record delivery driven by our integrated solutions strategy
  • Good underlying demand, strong profit growth and further margin improvement
  • Continued strong cash generation; underpinning financial strength and flexibility
  • Agreement reached on $3.8bn divestment of Building Envelope business
  • $1.5bn invested across 20 bolt-on acquisitions; disciplined and value-focused
  • Strong pipeline of opportunities for further growth and value creation
  • Continued dividend delivery; full-year dividend per share up 5% to 121.0c
  • Share buyback programme ongoing; $0.9bn completed in 2021
Summary Financials2021Change
Sales$31.0bn+12%
EBITDA$5.35bn+16%
EBITDA Margin17.3%+50bps
Operating Cash Flow$4.2bn+7%
EPS ($ cent)328.8c+35%1
RONA12.3%+220bps

Albert Manifold, Chief Executive, said today:

"Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy. Despite an inflationary input cost environment, we expanded our margins and delivered good growth in profits, returns and cash generation. This further underpins our strong and flexible balance sheet, providing us with significant opportunities for future growth and value creation. While the demand backdrop remains favourable across our markets, there are a number of challenges and uncertainties which we must continue to manage carefully as we look to deliver further value for our shareholders in the year ahead."

Announced Thursday, 3 March 2022

EPS increase of 35% excludes the impact of 2020 non-cash impairment charges.


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 plc will host an analysts' conference call and webcast presentation at 08:30 GMT on Thursday, 3 March 2022, 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
Jim MinternFinance Director
Frank HeisterkampDirector of Capital Markets & ESG
Tom HolmesHead of Investor Relations