CRH reported several gains in its Americas Materials business upon releasing its first-quarter earnings report Thursday, highlighting total revenue that climbed 21 percent and aggregate volumes that were up 14 percent.
CRH says favorable underlying demand and contributions from acquisitions drove the revenue gain. Aggregate pricing, however, slipped 1 percent.
Companywide, CRH’s total revenue increased 9 percent to $7.4 billion. Adjusted EBITDA rose 18 percent to $600 million.
“We delivered a strong start to 2026, reflecting good momentum from early-season project activity, disciplined commercial execution and positive contributions from acquisitions,” says Jim Mintern, CEO of CRH. “During the quarter, we continued our active portfolio management, reallocating capital into higher-growth, more connected businesses.”
CRH says the outlook for the overall business remains positive.
“Notwithstanding the current geopolitical and macroeconomic uncertainty, we are encouraged by the continued strength of underlying demand across our key markets,” Mintern says.
Also in the first quarter, CRH completed five acquisitions for a total of $100 million. The company completed three in April for another $100 million.
Additionally, CRH came to an agreement to acquire Axius Water, a provider of specialized water quality solutions in North America. The deal, which is expected to close in the second quarter, is valued at $700 million.
Related: How other aggregate producers fared in the first quarter
