Further growth in sales, EBITDA, and margin despite challenging and volatile cost environment
CRH plc have reported a positive first-half performance with further growth in sales, EBITDA, and margin in their interim results for the six months ended 30 June 2022.
Sales were up 14% in the first half, to US$15.0 billion, while EBITDA increased by 21% to US$2.2 billion and EBITDA margin rose 90bps to 14.7%. Full-year EBITDA is expected to be c.US$5.5 billion (2021: US$5.0 billion).
Albert Manifold (pictured), chief executive, said: ‘CRH have delivered another strong performance with further growth in sales, EBITDA, and margin despite a challenging and volatile cost environment. This performance reflects the continued execution of our integrated and sustainable solutions strategy.
‘Looking ahead, despite some continued cost headwinds, the strength of our balance sheet and resilience of our business leaves us well positioned to deliver superior value for all our stakeholders.’