CRH Reports Strong 2024 Financial Results with 15% Net Income Growth

Summary

CRH plc reported a 15% increase in net income for 2024, reaching $3.5 billion. The company also saw a 12% rise in Adjusted EBITDA to $6.9 billion and increased its dividend by 6% to $0.37 per quarter. CRH completed 40 acquisitions totaling $5.0 billion and authorized an additional $0.3 billion for share buybacks. The financial results were driven by pricing progress, operational efficiencies, and contributions from acquisitions. Despite weather disruptions, CRH maintained strong revenue growth across all segments, with a total revenue increase of 2% to $35.6 billion.