Slide 1: Q1 2025 Results
Q1 2025 Results
Slide 2: Disclaimer
Disclaimer Unless the context otherwise provides, “we,” “us,” “our,” “CRH”, the “Company” and like terms refer to CRH plc and its consolidated subsidiaries. Forward-Looking Statements In order to utilize the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 19
Slide 3: Agenda
Agenda Operating Performance Financial Performance & Capital Allocation 2025 Outlook Q1 2025 Results 2
Slide 4: Key Messages
Key Messages Good start to the year despite unfavorable weather in seasonally least significant quarter Supported by differentiated strategy, positive pricing & acquisition contributions Completed eight value-accretive bolt-on acquisitions for $0.6bn Underlying demand remains positive despite curren
Slide 5: Q1 2025 Financial Highlights
Q1 2025 Financial Highlights Revenues Adj. EBITDA¹ Margin¹ Diluted EPS $6.8bn $0.5bn 7.3% -$0.15 +3% +11% +50bps n/m² Q1 2025 Results 4 1Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliations' on pages 22 to 23. 2Not meaningful.
Slide 6: Operating Performance
Operating pia : "ll Performance "= a
Slide 7: Americas Materials Solutions
Americas Materials Solutions • Good start to the year despite adverse weather • Performance supported by positive pricing, operational $m Change efficiencies & contributions from acquisitions Revenues 2,243 +2% • Demand underpinned by Infrastructure & re-industrialization Adj. EBITDA 59 +293% activi
Slide 8: Americas Building Solutions
Americas Building Solutions • Solid underlying demand offset by challenging weather & subdued Residential activity $m Change Revenues 1,682 -1% • Building & Infrastructure Solutions: Demand for critical infrastructure & manufacturing remains supportive Adj. EBITDA 287 -7% Margin 17.1% -110bps • Outd
Slide 9: International Solutions
International Solutions • Strong performance supported by further pricing progress & contributions from acquisitions $m Change Revenues 2,831 +7% • Central & Eastern Europe: Positive underlying demand despite adverse weather in certain regions Adj. EBITDA 149 +22% Margin 5.3% +70bps • Western Europe
Slide 10: Financial Performance & Capital Allocation
Financial Performance & Capital Allocation
Slide 11: Continued Delivery of Double-Digit Growth
Continued Delivery of Double-Digit Growth +11% -$1m $43m $8m $495m $445m Q1 24 Organic¹ Acquisitions / Currency Q1 25 Adjusted (Divestitures) Translation Adjusted EBITDA¹ EBITDA¹ Q1 2025 Results 10 1Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliations' on pages 22 to 23
Slide 12: Strong & Flexible Balance Sheet
Strong & Flexible Balance Sheet 1.8x Net Debt / TTM Adj. $0.3bn EBITDA¹ $0.6bn $0.6bn $0.7bn $12.7bn $10.5bn Seasonal FY 24 Net M&A / Q1 25 Cash Capex Buybacks Net Debt¹ Other Net Debt¹ Outflow Q1 2025 Results 11 1Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliations' on
Slide 13: Disciplined & Efficient Capital Allocation
Disciplined & Efficient Capital Allocation Underpinned by unmatched scale, breadth & financial capacity Growth Investments • Completed eight value-accretive bolt-on acquisitions for $0.6bn • Continued execution of customer-connected solutions strategy … increasing exposure to attractive, higher-grow
Slide 14: 2025 Outlook
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Slide 15: 2025 End-Market Outlook
2025 End-Market Outlook Favorable underlying demand & pricing momentum despite current macroeconomic uncertainty Americas International ~75% Adj. EBITDA¹ ~25% Adj. EBITDA¹ Infrastructure Continued rollout of once-in-a-generation Infrastructure Robust demand underpinned by ~40% Revenues US federal &
Slide 16: Reaffirming 2025 Guidance
Reaffirming 2025 Guidance Another year of growth and value creation Adj. EBITDA¹ Net Income² Diluted EPS² $7.3bn – $7.7bn $3.7bn – $4.1bn $5.34 – $5.80 The 2025 guidance does not assume any significant one-off or non-recurring items, including the impact of further potential changes to global trade
Slide 17: Appendix
Appendix
Slide 18: Americas Materials Solutions
Americas Materials Solutions Analysis of change $ million Q1 2024 Currency Acquisitions Divestitures Organic Q1 2025 % Change Total revenues 2,202 (10) +144 (16) (77) 2,243 +2% Adjusted EBITDA 15 - +10 +6 +28 59 +293% Adjusted EBITDA margin 0.7% 2.6% Q1 2025 Results 17
Slide 19: Americas Building Solutions
Americas Building Solutions Analysis of change $ million Q1 2024 Currency Acquisitions Divestitures Organic Q1 2025 % Change Total revenues 1,693 (4) +60 (8) (59) 1,682 (1%) Adjusted EBITDA 308 - +15 (1) (35) 287 (7%) Adjusted EBITDA margin 18.2% 17.1% Q1 2025 Results 18
Slide 20: International Solutions
International Solutions Analysis of change $ million Q1 2024 Currency Acquisitions Divestitures Organic Q1 2025 % Change Total revenues 2,638 (57) +370 (67) (53) 2,831 +7% Adjusted EBITDA 122 (1) +29 (16) +15 149 +22% Adjusted EBITDA margin 4.6% 5.3% Q1 2025 Results 19
Slide 21: Materials Volumes & Prices
Materials Volumes & Prices Q1 YoY % Change Americas International Volume Price Volume Price Aggregates -5% +8% +9% +5% Asphalt +4% +3% -4% -1% Cement -2% +4% +11% +2% RMC +4% +1% +22% +9% Q1 2025 Results 20
Slide 22: 2025 Financial Guidance
2025 Financial Guidance 2025 Guidance (i) Low High Net income (ii) $3.7bn $4.1bn Adj. EBITDA* $7.3bn $7.7bn Diluted EPS (ii) $5.34 $5.80 Capital expenditure $2.8bn $3.0bn (i) The 2025 guidance does not assume any significant one-off or non-recurring items, including the impact of further potential c
Slide 23: Non-GAAP Reconciliations
Non-GAAP Reconciliations CRH uses a number of non-GAAP performance measures to monitor financial performance. These measures are referred to throughout the discussion of our reported financial position and operating performance on a continuing operations basis unless otherwise defined and are measur
Slide 24: Non-GAAP Reconciliations
Non-GAAP Reconciliations Adjusted EBITDA (continued): Reconciliation to its nearest GAAP measure for the mid-point of the 2025 Adjusted EBITDA guidance is presented below: in $ billions FY 2025 Mid-Point Net income 3.9 Income tax expense 1.1 Interest expense, net 0.6 Depreciation, depletion and amor