CRH Q1 Group Sales Rises- Quick Facts

(RTTNews) - CRH Plc. (CRH, CRH.L), an international building materials group, said in a trading update that its group sales for the first quarter of 2016 increased by 9 percent compared with proforma 2015, largely driven by continued positive momentum in the Americas where the economic and business environment remains favourable.

The company issued the trading update in advance of its annual general meeting, which takes place on Thursday in Dublin.

Looking ahead, the company expects total Group EBITDA for the seasonally less significant first half of the year to be close to 1 billion euros, representing mid-single digit percentage growth compared with proforma 2015.

In the absence of any major financial or energy market dislocations, the company expects to continue to make progress on a Group EBITDA basis in the second half of 2016.