CRH Slips To Loss In Six-month - Quick Facts

(RTTNews) - CRH Plc. (CRH, CRH.L), the international building materials group, reported that loss attributable to equity holders of the company for the six-month ended 30 June was 57 million euros, compared to profit of 97 million euros in the prior year period. On a per share basis, net loss was 7.8 cents, compared to profit of 13.4 cents in the same period last year.

Loss before tax for the period was 71 million euros, compared to profit of 102 million euros in the previous year.

Revenue for the period declined to 8.01 billion euros from 8.27 billion euros in the prior year period.

Reported sales revenue for the period of 8.0 billion euros was 3% behind 2012. On a like-for-like basis, excluding the impact of acquisitions, divestments and exchange translation, underlying sales were 6% lower than 2012; this reflected an improving trend in May/June which saw a like-for-like sales decline of 3%.

The company said its Board has decided to maintain the 2013 interim dividend at last year's level of 18.5 cents per share. It is proposed to pay the interim dividend on 25 October 2013 to shareholders registered at the close of business on 30 August 2013.

The company expects challenging trading conditions in Europe for the remainder of 2013.

The company expects EBITDA for the Americas to be ahead of 2012 in the second half.