earnings
confidence high
sentiment positive
materiality 0.80
CRH FY2023 revenue $34.9B (+7%), Adj EBITDA $6.2B (+15%), guides FY2024 EPS $5.15-$5.45
CRH PUBLIC LTD CO
2023-FY EPS reported
$4.33
revenue$34,949,000,000
- FY2023 Adj EBITDA $6.2B (+15%), margin 17.7% (+120bps); EPS $4.36 (+22%), pre-impairment $4.65 (+30%).
- FY2024 guidance: net income $3.55-$3.80B, Adj EBITDA $6.55-$6.85B, EPS $5.15-$5.45.
- Quarterly dividend $0.35 (+5% annualized); new $0.3B share buyback tranche to complete by May 9, 2024.
- Acquired $2.1B Texas cement assets (closed Feb 2024); agreed $0.7B majority stake in Adbri Ltd (Australia).
- Divested European lime ops for $1.1B; first phase closed Jan 2024; share buyback $3B program completed.