CRH?s sales revenue has risen by 35 per cent year-on-year to ??2.7 billion in the first half of 2016 from ??.38 billion in the same period of 2015. Adjusted for acquisitions, divestments and currency changes – sales revenue rose by 8 per cent. CRH?s earnings before interest, taxation, depreciation and amortisation rose by 20 per cent to ??.12 billion on a pro-?forma basis. The company attributed the increases in sales, mainly to the Americas, with rises in Europe and Asia also.
?We have had a very satisfactory first half, with good performance from our heritage businesses and contributions from 2015 acquisitions delivering significant profit growth for CRH,? said chief executive Albert Manifold. ?With positive momentum in the Americas and the modest impact of early-stage economic recovery in Europe, we expect further progress in the second half with full year reported EBITDA in excess of ??bn.?