Crh Plc - CRH STOCK NEWS

CRH (NYSE: CRH), the leading provider of building materials solutions, has appointed Nancy Buese as Chief Financial Officer (CFO), effective May 12, 2025. Based in New York, Buese brings extensive experience from previous CFO roles at Baker Hughes Company and Newmont , as well as executive positions at MarkWest Energy Partners and MPLX. She was also a partner at Ernst & Young.

In her new role, Buese will oversee CRH's global finance function and contribute to the company's strategy, operational discipline, and long-term value creation. She succeeds Alan Connolly, who served as Interim CFO and will return to his previous position as Director of Strategic Finance in May.

Oldcastle APG, a CRH Company, has announced the acquisition of H&H General Excavating's bagged and bulk mulch and soil assets located in Spring Grove and York, Pennsylvania. This strategic move enhances Oldcastle APG's Lawn & Garden capabilities in the Northeast region.

The acquisition strengthens Oldcastle APG's position as North America's leading provider of outdoor living solutions, expanding their product portfolio and service capabilities. The newly acquired assets will be integrated into Oldcastle APG's Lawn & Garden business, complementing their recent acquisitions and reinforcing their growing presence along the East Coast.

This acquisition aligns with the company's mission to help customers 'Live Well Outside' and builds upon their comprehensive portfolio of outdoor solutions, which includes brands such as Belgard hardscapes, Echelon Masonry, and MoistureShield composite decking.

CRH plc has announced the filing of its 2024 Annual Report on Form 10-K with the U.S. Securities and Exchange Commission (SEC). The report, covering the fiscal year ended December 31, 2024, is now accessible on both the SEC's website and CRH's corporate website.

The report has been submitted to the U.K. National Storage Mechanism and will be available for inspection through their online platform. Shareholders can request physical copies of the complete audited financial statements free of charge by contacting the Company Secretary's office via email or regular mail. Physical copies are scheduled to be mailed to requesting shareholders around March 28, 2025.

CRH (NYSE: CRH) has completed its latest share buyback phase, repurchasing 3.0 million ordinary shares and returning $0.3 billion to shareholders between November 2024 and February 2025. This brings the total cash returned under the program to $8.5 billion since May 2018.

The company has announced a new arrangement with TD Securities for an additional $0.3 billion share buyback program, running from February 27 to May 2, 2025. The new program allows for up to 45 million ordinary shares to be acquired and cancelled, with TD Securities making independent trading decisions within preset parameters.

The buyback will be conducted in compliance with U.S. Securities Exchange Act rules and EU Market Abuse Regulation, exclusively through U.S. markets.

CRH reported strong financial results for Q4 and full year 2024, with total revenues reaching $35.6 billion, up 2% from 2023. Net income increased 15% to $3.5 billion, while Adjusted EBITDA grew 12% to $6.9 billion. The company completed 40 acquisitions for $5.0 billion, including major investments in Texas cement operations ($2.1 billion) and Australia's Adbri.

Q4 2024 performance showed revenue of $8.9 billion (+2% YoY) and net income of $0.7 billion (+24% YoY). The company maintained strong margins, with Q4 net income margin at 8.0% and Adjusted EBITDA margin at 20.0%.

CRH returned $3 billion to shareholders through dividends and buybacks, including a 5% dividend increase to $1.40 per share. The company announced a new quarterly dividend of $0.37 per share (+6% annualized) and completed a $1.3 billion share buyback program, with an additional $0.3 billion tranche planned.

Oldcastle APG, North America's leading outdoor living solutions provider, will showcase its latest innovations at the 2025 NAHB International Builders' Show in Las Vegas from February 25-27. The company is introducing Catalyst Fence Solutions, its new flagship fence brand offering vinyl, molded, aluminum, steel, and mixed material products.

The company will display its comprehensive portfolio spanning six categories: Outdoor Flooring, Shade, Security & Privacy, Landscaping, Backyard Features, Set, Seal & Repair, and Wall Surfaces. Featured brands include MoistureShield Decking & Railing, Belgard Hardscapes, Catalyst Fence Solutions, RDI Railing, Elements Home, and PebbleTec Pool Finishes.

Key product highlights include InstaDeck's snap-together system, Meridian composite deck's new Shoal colorway, Stratos Composite Enhanced PVC Decking, and Belgard's Artforms modular concrete panel system.

Oldcastle APG, a CRH Company, has acquired two Gardenscape bagging facilities in Archbold, Ohio and Emlenton, Pennsylvania. The acquisition strengthens Oldcastle APG's Lawn & Garden business capabilities in the Midwest and East Coast regions. The facilities, acquired from Gardenscape, a wholesale supplier of bulk and bagged mulches and soils, will be integrated into Oldcastle APG's existing operations.

This strategic move complements Oldcastle APG's recent acquisitions in the Southeastern, Mid-Atlantic, and Mountain West regions, enhancing service levels and expanding customer reach. The acquisition aligns with the company's mission to provide end-to-end outdoor living solutions and help people 'Live Well Outside.'

CRH (NYSE: CRH), the leading provider of building materials solutions, has announced it will release its fourth quarter and full year 2024 financial results after the U.S. market closes on Wednesday, February 26, 2025. The company will host a conference call and webcast presentation the following day, Thursday, February 27, 2025, at 8:00 a.m. EST.

The results and presentation materials will be accessible at www.crh.com/investors/results-presentations. Interested parties can register for the event at www.crh.com/investors, where they will receive access to the call link and dial-in information. A replay of the webcast will be available on the company's website.

Sakrete and Amerimix, both brands under Oldcastle APG, will showcase their latest product innovations at World of Concrete from January 21-23, 2025, in Las Vegas. The companies will host an interactive booth (S10827) in the South Hall, featuring Sakrete's concrete products and Amerimix's pre-blended mortars, stuccos, and grouts.

The booth will combine educational experiences, including guidance on selecting concrete mixes and improving jobsite efficiency, with interactive challenges like the 'Perfect Mix Challenge' and 'Know Your Mix' competition. Visitors can earn tokens to play Sakrete Slots for prizes. Additionally, Sakrete is sponsoring the World of Concrete Beer Garden in Central Hall, where attendees can watch the new season of Concrete Combat, a concrete competition reality series.