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News CRH’s sales and earnings climb in 2021

CRH’s sales and earnings climb in 2021

Written by Global Cement staff 03 March 2022
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Ireland: CRH’s consolidated sales rose by 12% year-on-year in 2021 to Euro28bn. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) for the year rose by 16% to Euro4.83bn.

CEO Albert Manifold said "Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy. Despite an inflationary input cost environment, we expanded our margins and delivered good growth in profits, returns and cash generation. This further underpins our strong and flexible balance sheet, providing us with significant opportunities for future growth and value creation.” Looking to the future, Manifold said “While the demand backdrop remains favourable across our markets, there are a number of challenges and uncertainties which we must continue to manage carefully as we look to deliver further value for our shareholders in the year ahead."

Last modified on 09 March 2022
Published in Global Cement News
Tagged under
  • Ireland
  • CRH
  • Results
  • costs
  • GCW547
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