CRH 2024 Full Year Results

Key Highlights

• Industry-leading performance driven by unmatched scale and differentiated strategy
• Strong Q4 and FY; another year of double-digit growth in Adjusted EBITDA* and EPS
• 11^th consecutive year of margin expansion¹ underpinned by commercial and operational excellence
• Significant portfolio activity; $5.0 billion invested in value-accretive M&A
• $1.1 billion invested in growth capex; capitalizing on attractive organic growth opportunities
• Increasing quarterly dividend to $0.37 (+6% y/y); commencing new $0.3 billion quarterly share buyback
• Significant financial capacity to support future growth and value creation
• Positive outlook for FY 2025; supportive underlying trends across key markets expected to continue
• Expect FY 2025 Net income of $3.7 billion to $4.1 billion; Adjusted EBITDA* of $7.3 billion to $7.7 billion

Jim Mintern, Chief Executive Officer, said:

"2024 was a strong year for CRH, driven by our customer-connected solutions strategy and leading positions of scale in attractive, higher-growth markets. We delivered another year of double-digit profit growth and an 11th consecutive year of margin expansion, reflecting a continued focus on commercial management and operational excellence across the organization. The strength of our balance sheet enabled us to invest $5 billion in 40 value-accretive acquisitions while also returning $3 billion of cash to shareholders through dividends and share buybacks. The outlook for our business remains positive, underpinned by favorable demand and positive pricing momentum, leaving us well positioned for another year of growth and value creation ahead."

_{* Represents a non-GAAP measure. See 'Non-GAAP Reconciliation and Supplementary Information' on pages 14 to 16.
¹ Based on IFRS financial reporting to 2022 and U.S. GAAP for 2023 & 2024.}