Earnings release
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CRH Trading Update - November 2021 • • Key Highlights Positive nine - month performance ; sales + 11 % ahead of prior year Good underlying demand & continued pricing progress across key markets Strong growth in profitability and further margin expansion Nine months ended 30 September Sales EBITDA EBITDA Margin 2021 Change $ 22.8bn + 11 % $ 3.9bn + 15 % 17.1 % + 50bps Performance supported by integrated solutions model Robust cash generation & financial discipline ; expect year - end net debt / EBITDA of c.1.2x • Year - to - date acquisition spend $ 1.4bn ; strong pipeline of opportunities • Share buyback programme ongoing ; $ 0.8bn completed year - to - date Expect full - year EBITDA to be in excess of $ 5.25bn ; well ahead of prior year Albert Manifold , Chief Executive , said today : CRH continues to perform well with good underlying demand and pricing progress across our key markets . Our uniquely integrated and solutions - focused business model has supported further margin expansion across our businesses , while our strong cash generation and disciplined approach to capital allocation provides further opportunities to create value for all of our stakeholders . Looking ahead to the remainder of the year , we expect to deliver another record performance for the Group , with full - year EBITDA in excess of $ 5.25 billion . Announced Tuesday , 23 November 2021