Total revenues were down 1 percent in the second quarter at CRH, whose quarterly net income increased 8 percent to $1.3 billion.
Albert Manifold, chief executive of CRH, offered a comment on the company’s second-quarter performance.
“We are pleased to report another period of further profit growth and margin expansion for CRH,” Manifold says. “The execution of our differentiated solutions strategy continues to deliver robust financial performance, while the strength of our balance sheet and relentless focus on the disciplined allocation of our capital enables us to capitalize on the opportunities we see for further growth and value creation.
“Reflecting the strength of our financial performance, the positive underlying momentum in our business, as well as the positive contribution from recent portfolio activity, we are raising our guidance and remain well positioned to deliver another record year in 2024,” he adds.
