secwatch.observer — SEC 8-K summary
======================================

Issuer:     CRH PUBLIC LTD CO (CRH)
CIK:        0000849395
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001628280-24-022450
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CRH Q1 2024 net income $114M vs loss last year; reaffirms FY guidance
---------------------------------------------------------------------

- Q1 net income $114M (EPS $0.16) vs net loss $31M (loss $0.05) in Q1 2023; revenue $6.5B +2%.
- Adjusted EBITDA $445M +15% YoY; margin 6.8% up 80bps.
- Completed $2.1B acquisition of Texas cement/readymix assets; expects $60M run-rate synergies by year three.
- Agreed to acquire majority stake in Adbri (Australia) for $0.7B; transaction expected to close in 2024.
- New quarterly dividend $0.35/share (+5% annualized) payable June 26; $0.3B share buyback tranche commenced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849395/000162828024022450/0001628280-24-022450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849395/000162828024022450/crh-20240510.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022450

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer