Crh Profit Dented by Global Troubles

Daily MailAugust 27, 2008

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Summary


PROFITS fell by 10pc in the first half of the year at Ireland's biggest company - building materials supplier CRH - ending a 15- year run of profit growth.

In his last year as chief executive, Liam O'Mahony warned profits for the full year would be lower than 2007 as the global downturn, slowing demand and the weakness of the dollar and pound against the euro took their toll.

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Crh Profit Dented by Global Troubles

Pre-tax profit for the six months to June at Ireland's most globalised company fell to E606m, compared to E670m in the ...

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