CRH Shares Fall as Euro-Region Crisis Hurts Sales: Dublin Mover
This article is for subscribers only.
CRH Plc fell the most in nine months in Dublin trading as Ireland’s biggest listed company said sales will drop faster in Europe and growth in the Americas will slow.
CRH shares declined as much as 7.5 percent, the biggest fall since November, to 14.35 euros. Second-half like-for-like European sales will decline more than the 5 percent drop in the first half and growth on that basis in the Americas will be “well below” the 8 percent posted in the first six months, the building materials company said today.