CRH: Q3 sales down 3%
(CercleFinance.com) - Irish building materials company CRH has reported Q3 2020 sales that are down 3% y-o-y , while EBITDA increased by 3%.
9-month sales reached 20.6 billion dollars, down 3% y-o-y. At the same time, EBITDA edged up 2% to 3.4 billion dollars.
CRH expects FY 2020 EBITDA of over 4.4 billion dollars, although points out that visibility for 2021 is limited.
However, the long-term outlook remains positive, the company says, which is counting on its "financial solidity".
Copyright (c) 2020 CercleFinance.com. All rights reserved.
9-month sales reached 20.6 billion dollars, down 3% y-o-y. At the same time, EBITDA edged up 2% to 3.4 billion dollars.
CRH expects FY 2020 EBITDA of over 4.4 billion dollars, although points out that visibility for 2021 is limited.
However, the long-term outlook remains positive, the company says, which is counting on its "financial solidity".
Copyright (c) 2020 CercleFinance.com. All rights reserved.