Quarterly ResultApr 30, 2026, 06:23 AM
CRH Q1 Revenue +9% to $7.4B; Adj. EBITDA +18%; $1.9B Divestments
AI Summary
CRH reported strong Q1 2026 financial results with total revenues increasing 9% year-over-year to $7.4 billion and Adjusted EBITDA rising 18% to $0.6 billion. The company continued active portfolio management, agreeing to $1.9 billion in strategic divestitures and investing $0.9 billion in nine acquisitions, including Axius Water. CRH also declared a quarterly dividend of $0.39 per share (+5% YoY) and announced an additional $0.3 billion share buyback, while reaffirming its positive full-year 2026 guidance.
Key Highlights
- Agreed to $1.9 billion in strategic divestitures across three non-core businesses.
- Invested $0.9 billion in nine value-accretive acquisitions, including Axius Water for $0.7 billion.
- Total revenues increased 9% YoY to $7.4 billion in Q1 2026.
- Adjusted EBITDA rose 18% YoY to $0.6 billion in Q1 2026.
- Declared a quarterly dividend of $0.39 per share, a 5% increase YoY.
- Announced an additional $0.3 billion share buyback program.
- Reaffirmed FY26 Net income guidance of $3.9B-$4.1B and Adjusted EBITDA of $8.1B-$8.5B.
- Americas Materials Solutions revenues grew 21% and Adjusted EBITDA increased 75% YoY.