Building Materials CRH to Post Half Year Ebitda of EUR1.1 Billion
22 July 2016 - 5:41PM
Dow Jones News
LONDON--CRH PLC's (CRH.LN) second quarter trading has prompted a
slight upgrade to the company's half year expectations, the
building materials group said Friday.
In April, CRH said it expected total group earnings before
interest, tax, depreciation and amortization or Ebitda for the
first half of 2016 to be close to 1 billion euros ($1.32
billion).
In a trading update Friday, CRH said based on the "trading
performance in the latter part of the second quarter, we now expect
total group Ebitda for the first half of 2016 to be EUR1.1
billion."
CRH's half year results announcement is scheduled to be
published on Aug. 25.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
July 22, 2016 03:26 ET (07:26 GMT)
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