CRH Public Ltd Co reported strong financial performance for the three and nine months ended September 30, 2024, with total revenues reaching $10,515 million for Q3 2024, a 4% increase from $10,128 million in Q3 2023. For the nine-month period, total revenues were $26,702 million, reflecting a 2% increase compared to $26,302 million in the same period last year. The growth in revenue was driven by increases in both product and service revenues, with product revenues rising to $7,482 million and service revenues to $3,033 million for Q3 2024.

Gross profit for Q3 2024 was $4,059 million, an 8% increase from $3,763 million in Q3 2023, resulting in a gross profit margin of 38.6%, up from 37.2% in the prior year. Operating income also improved, reaching $1,964 million compared to $1,788 million in Q3 2023. Net income for Q3 2024 was $1,389 million, a 5% increase from $1,318 million in the same quarter of the previous year. Basic earnings per share rose to $1.99 from $1.81.

For the nine months ended September 30, 2024, net income totaled $2,812 million, up from $2,499 million in the same period of 2023, with basic earnings per share increasing to $4.03 from $3.36. The company’s comprehensive income for the nine months was $2,944 million, compared to $2,516 million in the prior year.

CRH's strategic developments included significant acquisitions, with a total of 28 companies acquired for $3,853 million during the nine months ended September 30, 2024, compared to $561 million in the same period of 2023. Notable acquisitions included a portfolio of cement and readymixed concrete assets in Texas for $2,106 million and a 57% stake in Adbri Ltd for $802 million. The company also divested its European Lime operations for $1.1 billion, resulting in a pretax gain of $163 million.

Total current assets decreased to $14,840 million as of September 30, 2024, from $16,885 million at the end of 2023, while total assets increased to $51,221 million. Long-term debt rose to $10,672 million, up from $9,776 million at the end of 2023. The company’s total shareholders’ equity attributable to CRH plc shareholders was $21,875 million, an increase from $20,854 million at year-end 2023.

CRH's cash flow from operating activities for the nine months ended September 30, 2024, was $2,259 million, a decrease from $2,594 million in the same period of 2023. The company returned $1.5 billion to shareholders through dividends, up from $0.8 billion in the prior year, and repurchased approximately $1.0 billion in shares.