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Irish Building Materials Group First-Half Profit Surges

Reuters
Tuesday, 28 Aug 2007 | 4:08 AM ET

Irish building materials group CRH posted a slightly stronger than expected 27% rise in first-half profit on Tuesday and said it expected strong growth for 2007 as a whole.

Pretax profit at CRH, one of the world's biggest suppliers to builders, was 670 million euros ($915.5 million) versus 526.4 million in the first six months of 2006 and an average forecast of 660.1 million in a Reuters poll of eight analysts.

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