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| CRH Q3 revenue down 19 percent Irish building materials giant CRH plc said trading conditions remained difficult with a like-for-like decline in third quarter group sales of 19% reflecting a modest improvement on the 21% fall recorded for the first half of the year. Group earnings before interest, tax, depreciation and amortisation (EBITDA) for the third quarter of 2009 declined by approximately 25% compared with a reported 41% decline for the first half of the year. CRH now expects to report a full-year EBITDA decline of approximately one-third (2008: €2,665 million) with profit before tax of between €730 million and €760 million (2008: €1,628 million). write your comments about the article :: © 2009 Construction News :: home page |