Skip to main content

CRH released 2015 full year results

Published by , Editor
World Cement,

CRH released their 2015 full year results on 3 March 2015.

Albert Manifold, Chief Executive, said today:

“As a result of good performance from our heritage businesses and contributions from acquisitions, 2015 was a year of significant profit growth for CRH. Strong cash generation resulted in our year-end debt metrics being ahead of target, and we are well on track to restoring these metrics to normalised levels during 2016. Recently there has been some uncertainty about the pace of global growth. Our focus remains on consolidating and building upon the gains made in 2015, and against this backdrop we believe 2016 will be a year of continued growth for the Group.”

Key Points

  • Good profit growth.
  • Enhanced portfolio through M&A.
  • Strong cash generation; de-leveraging accelerated.
  • Margins and returns ahead.

Financial Highlights

  • Sales of €23.6 billion, 25% ahead of 2014; continuing operations (see page 29) up 17%.
  • EBITDA up 35% to €2.2 billion, ahead of November guidance; continuing operations up 33%.
  • Cash inflow from operations up 47% to €1.3 billion; year-end net debt of €6.6 billion.
  • Dividend per share maintained at 62.5c, covered 1.4 times.

Strategic Highlights

  • Strengthening market positions through focused portfolio management.
  • Delivering value through capital allocation and reallocation at attractive multiples.
  • Acquisitions and investments of almost €8 billion; transaction/one-off costs of €0.2 billion.
  • Divestment and disposal proceeds of circa €1.0 billion; cumulative proceeds from divestment programme since 2014 of €1.4 billion.

Adapted from press release by Joseph Green

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Measure Twice, Mix Once

Claudio Piccino, Thermo Fisher Scientific, talks about the benefits of in-stream raw material analysis and what plants should consider when implementing cross-belt online elemental analysers into their process.


Embed article link: (copy the HTML code below):