herald

Saturday 19 August 2017

CRH revenue at e8bn

BUILDING materials group CRH has reported a fall in its revenue of 3pc to the end of June.

The company yesterday cut its full-year earnings outlook, citing a period of bad weather that produced a sharp fall in first-half earnings. Its shares fell by almost 5pc in following the announcement yesterday.

CRH posted a pre-tax loss of €71m for the half year compared to a profit of €102m the same time last year. Revenues were down 3pc to just over €8bn.

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