CRH had a healthy start to 2025, with revenues up 3% to US$6.8 billion in the first quarter. The Dublin-headquartered global building materials giant’s Adjusted EBITDA was also up by 11% to $495 million.
The good start to the year was achieved despite unfavourable weather. During Q1, CRH made eight value-accretive bolt-on acquisitions worth $600 million. The Group says the underlying demand across key markets remains positive.
Jim Mintern, CRH CEO, said: “The strength of our first quarter performance reflects the benefits of our differentiated strategy, good commercial management and contributions from acquisitions. Although the first quarter is typically the seasonally least significant period for our business, we are encouraged by the continued strength of underlying demand across our key markets. Our relentless focus on financial control and discipline enabled us to maintain our strong balance sheet in the first quarter.
“Notwithstanding the current macroeconomic uncertainty, the outlook for our business remains positive, and we are pleased to reaffirm our financial guidance for 2025, leaving us well positioned for another year of growth and value creation ahead.”
