Key Highlights
Financial
- €4.2bn EBITDA, +25% ahead of 2018 (+7% LFL)
- €28.3bn sales, +6% ahead (+3% LFL)
- Margin increase of +230bps
- €3.5bn cash generated; €1.4bn returned to shareholders
- Robust financial discipline; net debt/EBITDA of 1.7x
- Full-year dividend per share up 15% to 83.0c
| 2019 Summary Financials | ||
| Sales revenue | €28.3bn | +6% |
| EBITDA | €4.2bn | +25% |
| EBITDA margin | 14.8% | +230bps |
Business Developments
- €2.1bn divestments, Indian cement JV divested; €0.7bn acquisitions
- Setting the most demanding carbon reduction targets in the industry to 2030
- Changing reporting currency to US Dollar
Albert Manifold, Chief Executive, said today:
“CRH delivered good profit growth in 2019 supported by positive momentum in our heritage businesses and strong contributions from recent acquisitions. With a continuing focus on margin expansion, cash generation and enhanced returns for shareholders, we believe that 2020 will be a year of further progress for the Group.”
