CRH - Why Is Construction Materials Company CRH Stock Up Premarket Friday? | Benzinga
CRH plc (NYSE:CRH) shares are trading higher after it reported first-quarter FY24 results and disclosed its share repurchase program.
Revenue rose 2% Y/Y to $6.5 billion, while organic revenues increased 1% Y/Y, aided by early-season project activity and favorable weather in certain regions of North America, which were further supported by pricing progress and contributions from acquisitions.
By segment, revenue from Americas Materials Solutions’ grew 16% Y/Y, Americas Building Solutions rose 2%, Europe Materials Solutions was down 8%, and Europe Building Solutions declined 10% Y/Y in the year.
Adjusted EBITDA rose 15% Y/Y to $445 million, aided by ...