Thursday 29 September 2016

CRH earnings to grow higher than expected in first half of 2016

Published 22/07/2016 | 07:49

CRH boss Albert Manifold is Ireland’s best-paid CEO with a basic annual salary of €1.4m — but with options and bonuses, he’s looking at €8.2m a year
CRH boss Albert Manifold is Ireland’s best-paid CEO with a basic annual salary of €1.4m — but with options and bonuses, he’s looking at €8.2m a year

Construction firm CRH has revised its earnings projections for the first half of its financial year thanks to strong trading towards the end of the period.

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The company had originally envisaged total group earnings before interest tax depreciation and amortisation (EBITDA) to be nearing €1bn.

However, in a statement released to shareholders this morning the company expects that number to be €100m greater, with EBITDA in the period expected to reach €1.1bn.

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