CRH Plc Clocks Sales of $26.3B, up by 8% YoY, EBITDA Margin of 18.1% for Nine Months Ended September 30
Portfolio Pulse from Benzinga Newsdesk
CRH Plc reported a sales increase of 8% year-over-year, reaching $26.3 billion for the nine months ended September 30. The company also achieved an EBITDA margin of 18.1% during the same period.
November 21, 2023 | 7:14 am
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POSITIVE IMPACT
CRH Plc's reported sales growth and strong EBITDA margin indicate a positive financial performance for the first nine months of the year.
The reported increase in sales and a healthy EBITDA margin are typically seen as positive indicators of a company's financial health and operational efficiency. This is likely to be viewed favorably by investors and could lead to a short-term positive impact on CRH's stock price.
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