CRH reports better trading conditions in third quarter
BUILDING materials giant CRH has reported better trading conditions in the third quarter following a weaker first half after bad weather hit activity in Europe and the US.
The company said today that revenues for the three months ended September were up 2pc to €5.4bn.
Third quarter EBITDA was up 3pc to €0.6bn, despite currency movements while CRH is expected to hit its profit target for the year - weather permitting.
During the three months to end September, CRH completed six deals which brought total acquisition and investment spending to €660m
About a quarter of these were in developing regions like India, China and Ukraine.