08/26/2021 | Press release | Distributed by Public on 08/27/2021 00:54
Analysis of change
|
||||||||
$ million
|
2020
|
Exchange
|
Acquisitions
|
Divestments
|
One-offs1
|
Organic
|
2021
|
% change
|
Sales revenue
|
4,479
|
+34
|
+115
|
-23
|
-
|
+145
|
4,750
|
+6%
|
EBITDA
|
667
|
-3
|
+9
|
-3
|
+21
|
+39
|
730
|
+9%
|
Operating profit
|
289
|
-7
|
+4
|
-
|
+21
|
+41
|
348
|
+20%
|
EBITDA/sales
|
14.9%
|
15.4%
|
||||||
Operating profit/sales
|
6.5%
|
7.3%
|
Analysis of change
|
||||||||
$ million
|
2020
|
Exchange
|
Acquisitions
|
Divestments
|
One-offs1
|
Organic
|
2021
|
% change
|
Sales revenue
|
4,070
|
+355
|
+1
|
-35
|
-
|
+767
|
5,158
|
+27%
|
EBITDA
|
338
|
+25
|
-
|
-
|
+32
|
+190
|
585
|
+73%
|
Operating profit
|
62
|
+2
|
-
|
+1
|
+32
|
+198
|
295
|
+376%
|
EBITDA/sales
|
8.3%
|
11.3%
|
||||||
Operating profit/sales
|
1.5%
|
5.7%
|
Analysis of change
|
||||||||
$ million
|
2020
|
Exchange
|
Acquisitions
|
Divestments
|
One-offs1
|
Organic
|
2021
|
% change
|
Sales revenue
|
3,666
|
+80
|
+94
|
-13
|
-
|
+309
|
4,136
|
+13%
|
EBITDA
|
585
|
+6
|
+8
|
-2
|
+12
|
+71
|
680
|
+16%
|
Operating profit
|
413
|
+2
|
+1
|
-2
|
+12
|
+78
|
504
|
+22%
|
EBITDA/sales
|
16.0%
|
16.4%
|
||||||
Operating profit/sales
|
11.3%
|
12.2%
|
Year ended
|
|||||||
Six months ended 30 June
|
31 December
|
||||||
2021
|
2020
|
2020
|
|||||
Unaudited
|
Unaudited
|
Audited
|
|||||
$m
|
$m
|
$m
|
|||||
Revenue
|
14,044
|
12,215
|
27,587
|
||||
Cost of sales
|
(9,435)
|
(8,365)
|
(18,425)
|
||||
Gross profit
|
4,609
|
3,850
|
9,162
|
||||
Operating costs
|
(3,462)
|
(3,086)
|
(6,899)
|
||||
Group operating profit
|
1,147
|
764
|
2,263
|
||||
Profit on disposals
|
104
|
9
|
9
|
||||
Profit before finance costs
|
1,251
|
773
|
2,272
|
||||
Finance costs
|
(162)
|
(206)
|
(389)
|
||||
Finance income
|
-
|
2
|
-
|
||||
Other financial expense
|
(53)
|
(48)
|
(101)
|
||||
Share of equity accounted investments' profit/(loss)
|
10
|
(3)
|
(118)
|
||||
Profit before tax
|
1,046
|
518
|
1,664
|
||||
Income tax expense - estimated at interim
|
(231)
|
(112)
|
(499)
|
||||
Group profit for the financial period
|
815
|
406
|
1,165
|
||||
Profit attributable to:
|
|||||||
Equity holders of the Company
|
785
|
403
|
1,122
|
||||
Non-controlling interests
|
30
|
3
|
43
|
||||
Group profit for the financial period
|
815
|
406
|
1,165
|
||||
Basic earnings per Ordinary Share
|
100.1c
|
51.3c
|
142.9c
|
||||
Diluted earnings per Ordinary Share
|
99.5c
|
51.0c
|
141.8c
|
||||
All of the results relate to continuing operations.
|
|||||||
Condensed Consolidated Statement of Comprehensive Income
|
|||||||
Year ended
|
|||||||
Six months ended 30 June
|
31 December
|
||||||
2021
|
2020
|
2020
|
|||||
Unaudited
|
Unaudited
|
Audited
|
|||||
$m
|
$m
|
$m
|
|||||
Group profit for the financial period
|
815
|
406
|
1,165
|
||||
Other comprehensive income
|
|||||||
Items that may be reclassified to profit or loss in subsequent periods:
|
|||||||
Currency translation effects
|
(63)
|
(298)
|
440
|
||||
Gains/(losses) relating to cash flow hedges
|
31
|
(1)
|
7
|
||||
Tax relating to cash flow hedges
|
(5)
|
-
|
-
|
||||
(37)
|
(299)
|
447
|
|||||
Items that will not be reclassified to profit or loss in subsequent periods:
|
|||||||
Remeasurement of retirement benefit obligations
|
252
|
(84)
|
(33)
|
||||
Tax relating to retirement benefit obligations
|
(31)
|
16
|
11
|
||||
221
|
(68)
|
(22)
|
|||||
Total other comprehensive income for the financial period
|
184
|
(367)
|
425
|
||||
Total comprehensive income for the financial period
|
999
|
39
|
1,590
|
||||
Attributable to:
|
|||||||
Equity holders of the Company
|
979
|
30
|
1,515
|
||||
Non-controlling interests
|
20
|
9
|
75
|
||||
Total comprehensive income for the financial period
|
999
|
39
|
1,590
|
||||
Restated (i)
|
As at
|
||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
$m
|
$m
|
$m
|
|||
ASSETS
|
|||||
Non-current assets
|
|||||
Property, plant and equipment
|
19,100
|
19,099
|
19,317
|
||
Intangible assets
|
9,468
|
9,378
|
9,373
|
||
Investments accounted for using the equity method
|
627
|
737
|
626
|
||
Other financial assets
|
13
|
13
|
13
|
||
Other receivables
|
235
|
299
|
325
|
||
Derivative financial instruments
|
131
|
190
|
184
|
||
Deferred income tax assets
|
100
|
85
|
129
|
||
Total non-current assets
|
29,674
|
29,801
|
29,967
|
||
Current assets
|
|||||
Inventories
|
3,193
|
2,940
|
3,117
|
||
Trade and other receivables
|
5,306
|
4,917
|
4,086
|
||
Current income tax recoverable
|
29
|
29
|
36
|
||
Derivative financial instruments
|
35
|
27
|
17
|
||
Cash and cash equivalents
|
6,292
|
14,661
|
7,721
|
||
Total current assets
|
14,855
|
22,574
|
14,977
|
||
Total assets
|
44,529
|
52,375
|
44,944
|
||
EQUITY
|
|||||
Capital and reserves attributable to the Company's equity holders
|
|||||
Equity share capital
|
317
|
335
|
333
|
||
Preference share capital
|
1
|
1
|
1
|
||
Share premium account
|
-
|
7,493
|
7,493
|
||
Treasury Shares and own shares
|
(557)
|
(540)
|
(386)
|
||
Other reserves
|
384
|
393
|
444
|
||
Foreign currency translation reserve
|
153
|
(506)
|
206
|
||
Retained income
|
19,079
|
11,108
|
11,565
|
||
Capital and reserves attributable to the Company's equity holders
|
19,377
|
18,284
|
19,656
|
||
Non-controlling interests
|
695
|
642
|
692
|
||
Total equity
|
20,072
|
18,926
|
20,348
|
||
LIABILITIES
|
|||||
Non-current liabilities
|
|||||
Lease liabilities
|
1,336
|
1,326
|
1,339
|
||
Interest-bearing loans and borrowings
|
10,659
|
15,108
|
10,958
|
||
Derivative financial instruments
|
-
|
5
|
1
|
||
Deferred income tax liabilities
|
2,609
|
2,609
|
2,613
|
||
Other payables
|
706
|
626
|
711
|
||
Retirement benefit obligations
|
314
|
569
|
556
|
||
Provisions for liabilities
|
921
|
865
|
953
|
||
Total non-current liabilities
|
16,545
|
21,108
|
17,131
|
||
Current liabilities
|
|||||
Lease liabilities
|
297
|
283
|
296
|
||
Trade and other payables
|
6,198
|
5,031
|
4,792
|
||
Current income tax liabilities
|
680
|
612
|
619
|
||
Interest-bearing loans and borrowings
|
155
|
5,902
|
1,257
|
||
Derivative financial instruments
|
25
|
18
|
12
|
||
Provisions for liabilities
|
557
|
495
|
489
|
||
Total current liabilities
|
7,912
|
12,341
|
7,465
|
||
Total liabilities
|
24,457
|
33,449
|
24,596
|
||
Total equity and liabilities
|
44,529
|
52,375
|
44,944
|
Attributable to the equity holders of the Company
|
||||||||
Treasury
|
Foreign
|
|||||||
Issued
|
Share
|
Shares/
|
currency
|
Non-
|
||||
share
|
premium
|
own
|
Other
|
translation
|
Retained
|
controlling
|
Total
|
|
capital
|
account
|
shares
|
reserves
|
reserve
|
income
|
interests
|
equity
|
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
|
For the financial period ended 30 June 2021 (unaudited)
|
||||||||
At 1 January 2021
|
334
|
7,493
|
(386)
|
444
|
206
|
11,565
|
692
|
20,348
|
Group profit for the financial period
|
-
|
-
|
-
|
-
|
-
|
785
|
30
|
815
|
Other comprehensive income
|
-
|
-
|
-
|
-
|
(53)
|
247
|
(10)
|
184
|
Total comprehensive income
|
-
|
-
|
-
|
-
|
(53)
|
1,032
|
20
|
999
|
Share-based payment expense
|
-
|
-
|
-
|
57
|
-
|
-
|
-
|
57
|
Shares acquired by CRH plc (Treasury Shares)
|
-
|
-
|
(285)
|
-
|
-
|
(295)
|
-
|
(580)
|
Treasury Shares/own shares reissued
|
-
|
-
|
13
|
-
|
-
|
(13)
|
-
|
-
|
Shares acquired by Employee Benefit Trust (own shares)
|
-
|
-
|
(16)
|
-
|
-
|
-
|
-
|
(16)
|
Shares distributed under the Performance Share Plan Awards
|
-
|
-
|
117
|
(117)
|
-
|
-
|
-
|
-
|
Reduction of Share Premium
|
-
|
(7,493)
|
-
|
-
|
-
|
7,493
|
-
|
-
|
Cancellation of Income Shares
|
(16)
|
-
|
-
|
-
|
-
|
16
|
-
|
-
|
Tax relating to share-based payment expense
|
-
|
-
|
-
|
-
|
-
|
1
|
-
|
1
|
Share option exercises
|
-
|
-
|
-
|
-
|
-
|
9
|
-
|
9
|
Dividends
|
-
|
-
|
-
|
-
|
-
|
(729)
|
(17)
|
(746)
|
At 30 June 2021
|
318
|
-
|
(557)
|
384
|
153
|
19,079
|
695
|
20,072
|
For the financial period ended 30 June 2020 (unaudited)
|
||||||||
At 1 January 2020
|
336
|
7,493
|
(360)
|
411
|
(202)
|
11,350
|
607
|
19,635
|
Group profit for the financial period
|
-
|
-
|
-
|
-
|
-
|
403
|
3
|
406
|
Other comprehensive income
|
-
|
-
|
-
|
-
|
(304)
|
(69)
|
6
|
(367)
|
Total comprehensive income
|
-
|
-
|
-
|
-
|
(304)
|
334
|
9
|
39
|
Share-based payment expense
|
-
|
-
|
-
|
47
|
-
|
-
|
-
|
47
|
Shares acquired by CRH plc (Treasury Shares)
|
-
|
-
|
(220)
|
-
|
-
|
-
|
-
|
(220)
|
Treasury Shares/own shares reissued
|
-
|
-
|
4
|
-
|
-
|
(4)
|
-
|
-
|
Shares acquired by Employee Benefit Trust (own shares)
|
-
|
-
|
(29)
|
-
|
-
|
-
|
-
|
(29)
|
Shares distributed under the Performance Share Plan Awards
|
-
|
-
|
65
|
(65)
|
-
|
-
|
-
|
-
|
Tax relating to share-based payment expense
|
-
|
-
|
-
|
-
|
-
|
(7)
|
-
|
(7)
|
Share option exercises
|
-
|
-
|
-
|
-
|
-
|
3
|
-
|
3
|
Dividends
|
-
|
-
|
-
|
-
|
-
|
(537)
|
(5)
|
(542)
|
Transactions involving non-controlling interests
|
-
|
-
|
-
|
-
|
-
|
(31)
|
31
|
-
|
At 30 June 2020
|
336
|
7,493
|
(540)
|
393
|
(506)
|
11,108
|
642
|
18,926
|
Attributable to the equity holders of the Company
|
||||||||
Treasury
|
Foreign
|
|||||||
Issued
|
Share
|
Shares/
|
currency
|
Non-
|
||||
share
|
premium
|
own
|
Other
|
translation
|
Retained
|
controlling
|
Total
|
|
capital
|
account
|
shares
|
reserves
|
reserve
|
income
|
interests
|
Equity
|
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
|
For the financial year ended 31 December 2020 (audited)
|
||||||||
At 1 January 2020
|
336
|
7,493
|
(360)
|
411
|
(202)
|
11,350
|
607
|
19,635
|
Group profit for the financial year
|
-
|
-
|
-
|
-
|
-
|
1,122
|
43
|
1,165
|
Other comprehensive income
|
-
|
-
|
-
|
-
|
408
|
(15)
|
32
|
425
|
Total comprehensive income
|
-
|
-
|
-
|
-
|
408
|
1,107
|
75
|
1,590
|
Share-based payment expense
|
-
|
-
|
-
|
96
|
-
|
-
|
-
|
96
|
Shares acquired by CRH plc (Treasury Shares)
|
-
|
-
|
(220)
|
-
|
-
|
-
|
-
|
(220)
|
Treasury Shares/own shares reissued
|
-
|
-
|
8
|
-
|
-
|
(8)
|
-
|
-
|
Shares acquired by Employee Benefit Trust (own shares)
|
-
|
-
|
(29)
|
-
|
-
|
-
|
-
|
(29)
|
Shares distributed under the Performance Share Plan Awards
|
-
|
-
|
65
|
(65)
|
-
|
-
|
-
|
-
|
Cancellation of Treasury Shares
|
(2)
|
-
|
150
|
2
|
-
|
(150)
|
-
|
-
|
Tax relating to share-based payment expense
|
-
|
-
|
-
|
-
|
-
|
1
|
-
|
1
|
Share option exercises
|
-
|
-
|
-
|
-
|
-
|
6
|
-
|
6
|
Dividends
|
-
|
-
|
-
|
-
|
-
|
(710)
|
(15)
|
(725)
|
Disposal of non-controlling interests
|
-
|
-
|
-
|
-
|
-
|
-
|
(6)
|
(6)
|
Transactions involving non-controlling interests
|
-
|
-
|
-
|
-
|
-
|
(31)
|
31
|
-
|
At 31 December 2020
|
334
|
7,493
|
(386)
|
444
|
206
|
11,565
|
692
|
20,348
|
Year ended
|
|||||||
Six months ended 30 June
|
31 December
|
||||||
2021
|
2020
|
2020
|
|||||
Unaudited
|
Unaudited
|
Audited
|
|||||
$m
|
$m
|
$m
|
|||||
Cash flows from operating activities
|
|||||||
Profit before tax
|
1,046
|
518
|
1,664
|
||||
Finance costs (net)
|
215
|
252
|
490
|
||||
Share of equity accounted investments' (profit)/loss
|
(10)
|
3
|
118
|
||||
Profit on disposals
|
(104)
|
(9)
|
(9)
|
||||
Group operating profit
|
1,147
|
764
|
2,263
|
||||
Depreciation charge
|
813
|
789
|
1,624
|
||||
Amortisation of intangible assets
|
35
|
37
|
70
|
||||
Impairment charge
|
-
|
-
|
673
|
||||
Share-based payment expense
|
57
|
47
|
96
|
||||
Other (primarily pension payments)
|
7
|
8
|
6
|
||||
Net movement on working capital and provisions
|
(123)
|
(356)
|
196
|
||||
Cash generated from operations
|
1,936
|
1,289
|
4,928
|
||||
Interest paid (including leases)
|
(218)
|
(209)
|
(432)
|
||||
Corporation tax paid
|
(153)
|
(72)
|
(558)
|
||||
Net cash inflow from operating activities
|
1,565
|
1,008
|
3,938
|
||||
Cash flows from investing activities
|
|||||||
Proceeds from disposals (net of cash disposed and deferred proceeds)
|
288
|
69
|
184
|
||||
Interest received
|
-
|
2
|
-
|
||||
Dividends received from equity accounted investments
|
13
|
10
|
35
|
||||
Purchase of property, plant and equipment
|
(587)
|
(514)
|
(996)
|
||||
Acquisition of subsidiaries (net of cash acquired)
|
(335)
|
(96)
|
(351)
|
||||
Other investments and advances
|
(1)
|
(1)
|
(1)
|
||||
Deferred and contingent acquisition consideration paid
|
(15)
|
(32)
|
(54)
|
||||
Deferred divestment consideration received
|
118
|
115
|
123
|
||||
Net cash outflow from investing activities
|
(519)
|
(447)
|
(1,060)
|
||||
Cash flows from financing activities
|
|||||||
Proceeds from exercise of share options
|
9
|
3
|
6
|
||||
Increase in interest-bearing loans and borrowings
|
70
|
6,174
|
6,427
|
||||
Net cash flow arising from derivative financial instruments
|
(28)
|
51
|
26
|
||||
Repayment of interest-bearing loans and borrowings
|
(1,241)
|
(26)
|
(4,943)
|
||||
Repayment of lease liabilities (i)
|
(131)
|
(132)
|
(258)
|
||||
Treasury Shares/own shares purchased
|
(301)
|
(249)
|
(249)
|
||||
Dividends paid to equity holders of the Company
|
(729)
|
(537)
|
(707)
|
||||
Dividends paid to non-controlling interests
|
(17)
|
(5)
|
(15)
|
||||
Net cash (outflow)/inflow from financing activities
|
(2,368)
|
5,279
|
287
|
||||
(Decrease)/increase in cash and cash equivalents
|
(1,322)
|
5,840
|
3,165
|
||||
Reconciliation of opening to closing cash and cash equivalents
|
|||||||
Cash and cash equivalents at 1 January
|
7,721
|
4,218
|
4,218
|
||||
Translation adjustment
|
(107)
|
30
|
338
|
||||
(Decrease)/increase in cash and cash equivalents
|
(1,322)
|
5,840
|
3,165
|
||||
Cash and cash equivalents at 30 June (ii)
|
6,292
|
10,088
|
7,721
|
||||
Average
|
Period end
|
||||||
Six months ended
|
Year ended
|
Six months ended
|
Year ended
|
||||
30 June
|
31 December
|
30 June
|
31 December
|
||||
USD 1 =
|
2021
|
2020
|
2020
|
2021
|
2020
|
2020
|
|
Brazilian Real
|
5.3898
|
4.9150
|
5.1568
|
4.9546
|
5.4045
|
5.1941
|
|
Canadian Dollar
|
1.2472
|
1.3650
|
1.3412
|
1.2384
|
1.3682
|
1.2751
|
|
Chinese Renminbi
|
6.4687
|
7.0331
|
6.9010
|
6.4577
|
7.0742
|
6.5404
|
|
Danish Krone
|
6.1719
|
6.7764
|
6.5388
|
6.2522
|
6.6565
|
6.0650
|
|
Euro
|
0.8299
|
0.9078
|
0.8771
|
0.8408
|
0.8932
|
0.8151
|
|
Hungarian Forint
|
297.0413
|
313.4895
|
307.9331
|
295.5700
|
318.2500
|
296.8600
|
|
Indian Rupee
|
73.3296
|
74.1511
|
74.1177
|
74.3360
|
75.5102
|
73.0706
|
|
Philippine Peso
|
48.2492
|
50.6487
|
49.6071
|
48.8040
|
49.8210
|
48.0300
|
|
Polish Zloty
|
3.7664
|
4.0073
|
3.8971
|
3.7988
|
3.9795
|
3.7166
|
|
Pound Sterling
|
0.7202
|
0.7939
|
0.7798
|
0.7212
|
0.8150
|
0.7320
|
|
Romanian Leu
|
4.0680
|
4.3733
|
4.2432
|
4.1436
|
4.3228
|
3.9683
|
|
Serbian Dinar
|
97.5819
|
106.7435
|
103.1510
|
98.8448
|
105.0205
|
95.8751
|
|
Swiss Franc
|
0.9085
|
0.9658
|
0.9387
|
0.9229
|
0.9516
|
0.8806
|
|
Ukrainian Hryvnia
|
27.7461
|
26.0077
|
26.9857
|
27.2312
|
26.6989
|
28.3242
|
$ million
|
Sales revenue
|
EBITDA
|
Operating profit
|
Profit on disposals
|
Finance costs (net)
|
Assoc. and JV PAT (i)
|
Pre-tax profit
|
First half 2020
|
12,215
|
1,590
|
764
|
9
|
(252)
|
(3)
|
518
|
Exchange effects
|
469
|
28
|
(3)
|
-
|
(10)
|
(1)
|
(14)
|
2020 at 2021 rates
|
12,684
|
1,618
|
761
|
9
|
(262)
|
(4)
|
504
|
Incremental impact in 2021 of:
|
|||||||
2020/2021 acquisitions
|
210
|
17
|
5
|
-
|
(1)
|
-
|
4
|
2020/2021 divestments
|
(71)
|
(5)
|
(1)
|
73
|
-
|
-
|
72
|
One-off costs in 2020
|
-
|
65
|
65
|
-
|
-
|
-
|
65
|
Organic
|
1,221
|
300
|
317
|
22
|
48
|
14
|
401
|
First half 2021
|
14,044
|
1,995
|
1,147
|
104
|
(215)
|
10
|
1,046
|
% Total change
|
15%
|
25%
|
50%
|
102%
|
|||
% Organic change
|
10%
|
19%
|
42%
|
79%
|
Six months ended 30 June 2021 - Unaudited
|
Six months ended 30 June 2020 - Unaudited
|
||||||||
Americas Materials
|
Europe Materials
|
Building Products
|
Total
|
Americas Materials
|
Europe Materials
|
Building Products
|
Total
|
||
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
||
Primary geographic markets
|
|||||||||
Republic of Ireland (Country of domicile)
|
-
|
311
|
-
|
311
|
-
|
243
|
-
|
243
|
|
United Kingdom
|
-
|
1,963
|
123
|
2,086
|
-
|
1,368
|
79
|
1,447
|
|
Rest of Europe (i)
|
-
|
2,533
|
551
|
3,084
|
-
|
2,238
|
484
|
2,722
|
|
United States
|
4,237
|
-
|
3,110
|
7,347
|
4,023
|
-
|
2,858
|
6,881
|
|
Rest of World (ii)
|
513
|
351
|
352
|
1,216
|
456
|
221
|
245
|
922
|
|
Total Group
|
4,750
|
5,158
|
4,136
|
14,044
|
4,479
|
4,070
|
3,666
|
12,215
|
|
Six months ended 30 June 2021 - Unaudited
|
Six months ended 30 June 2020 - Unaudited
|
||||||||
Americas Materials
(iii)
|
Europe Materials
(iii)
|
Building Products
|
Total
|
Americas Materials
(iii)
|
Europe Materials
(iii)
|
Building Products
|
Total
|
||
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
||
Principal activities and products
|
|||||||||
Cement, lime and cement products
|
658
|
1,698
|
-
|
2,356
|
615
|
1,327
|
-
|
1,942
|
|
Aggregates, asphalt and readymixed products
|
2,569
|
1,749
|
-
|
4,318
|
2,353
|
1,370
|
-
|
3,723
|
|
Construction contract activities*
|
1,523
|
964
|
90
|
2,577
|
1,511
|
746
|
82
|
2,339
|
|
Architectural products
|
-
|
647
|
2,146
|
2,793
|
-
|
548
|
1,808
|
2,356
|
|
Infrastructure products
|
-
|
100
|
700
|
800
|
-
|
79
|
663
|
742
|
|
Construction accessories
|
-
|
-
|
362
|
362
|
-
|
-
|
302
|
302
|
|
Architectural glass and glazing systems and wholesale hardware distribution
|
-
|
-
|
838
|
838
|
-
|
-
|
811
|
811
|
|
Total Group
|
4,750
|
5,158
|
4,136
|
14,044
|
4,479
|
4,070
|
3,666
|
12,215
|
|
Year ended
|
|||||||||
Six months ended 30 June
|
31 December
|
||||||||
2021
|
2020
|
2020
|
|||||||
Unaudited
|
Unaudited
|
Audited
|
|||||||
$m
|
%
|
$m
|
%
|
$m
|
%
|
||||
Revenue
|
|||||||||
Americas Materials
|
4,750
|
33.8
|
4,479
|
36.7
|
11,273
|
40.9
|
|||
Europe Materials
|
5,158
|
36.7
|
4,070
|
33.3
|
9,141
|
33.1
|
|||
Building Products
|
4,136
|
29.5
|
3,666
|
30.0
|
7,173
|
26.0
|
|||
Total Group
|
14,044
|
100.0
|
12,215
|
100.0
|
27,587
|
100.0
|
|||
Group EBITDA
|
|||||||||
Americas Materials
|
730
|
36.6
|
667
|
41.9
|
2,405
|
51.9
|
|||
Europe Materials
|
585
|
29.3
|
338
|
21.3
|
1,055
|
22.8
|
|||
Building Products
|
680
|
34.1
|
585
|
36.8
|
1,170
|
25.3
|
|||
Total Group
|
1,995
|
100.0
|
1,590
|
100.0
|
4,630
|
100.0
|
|||
Depreciation, amortisation and impairment
|
|||||||||
Americas Materials
|
382
|
45.0
|
378
|
45.8
|
774
|
32.7
|
|||
Europe Materials
|
290
|
34.2
|
276
|
33.4
|
1,245
|
52.6
|
|||
Building Products
|
176
|
20.8
|
172
|
20.8
|
348
|
14.7
|
|||
Total Group
|
848
|
100.0
|
826
|
100.0
|
2,367
|
100.0
|
|||
Group operating profit
|
|||||||||
Americas Materials
|
348
|
30.4
|
289
|
37.8
|
1,631
|
72.1
|
|||
Europe Materials
|
295
|
25.7
|
62
|
8.1
|
(190)
|
(8.4)
|
|||
Building Products
|
504
|
43.9
|
413
|
54.1
|
822
|
36.3
|
|||
Total Group
|
1,147
|
100.0
|
764
|
100.0
|
2,263
|
100.0
|
|||
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
$m
|
$m
|
$m
|
||||||
Reconciliation of Group operating profit to profit before tax:
|
||||||||
Group operating profit
|
1,147
|
764
|
2,263
|
|||||
Profit on disposals (i)
|
104
|
9
|
9
|
|||||
Profit before finance costs
|
1,251
|
773
|
2,272
|
|||||
Finance costs less income
|
(162)
|
(204)
|
(389)
|
|||||
Other financial expense
|
(53)
|
(48)
|
(101)
|
|||||
Share of equity accounted investments' profit/(loss)
|
10
|
(3)
|
(118)
|
|||||
Profit before tax
|
1,046
|
518
|
1,664
|
|||||
(i) Profit on disposals
|
||||||||
Americas Materials
|
112
|
(1)
|
8
|
|||||
Europe Materials
|
9
|
3
|
(12)
|
|||||
Building Products
|
(17)
|
7
|
13
|
|||||
Total Group
|
104
|
9
|
9
|
As at
|
|||||||||||
As at 30 June
|
As at 30 June
|
31 December
|
|||||||||
2021
|
2020
|
2020
|
|||||||||
Unaudited
|
Unaudited
|
Audited
|
|||||||||
$m
|
%
|
$m
|
%
|
$m
|
%
|
||||||
Total assets
|
|||||||||||
Americas Materials
|
16,635
|
44.6
|
16,586
|
45.3
|
16,172
|
44.7
|
|||||
Europe Materials
|
12,775
|
34.2
|
12,565
|
34.3
|
12,730
|
35.1
|
|||||
Building Products
|
7,892
|
21.2
|
7,482
|
20.4
|
7,316
|
20.2
|
|||||
Total Group
|
37,302
|
100.0
|
36,633
|
100.0
|
36,218
|
100.0
|
|||||
Reconciliation to total assets as reported in the Condensed Consolidated Balance Sheet:
|
|||||||||||
Investments accounted for using the equity method
|
627
|
737
|
626
|
||||||||
Other financial assets
|
13
|
13
|
13
|
||||||||
Derivative financial instruments (current and non-current)
|
166
|
217
|
201
|
||||||||
Income tax assets (current and deferred)
|
129
|
114
|
165
|
||||||||
Cash and cash equivalents
|
6,292
|
14,661
|
7,721
|
||||||||
Total assets
|
44,529
|
52,375
|
44,944
|
||||||||
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
$m
|
$m
|
$m
|
||||||
Numerator computations
|
||||||||
Group profit for the financial period
|
815
|
406
|
1,165
|
|||||
Profit attributable to non-controlling interests
|
(30)
|
(3)
|
(43)
|
|||||
Profit attributable to ordinary equity holders of the Company - numerator for basic/diluted earnings per Ordinary Share
|
785
|
403
|
1,122
|
|||||
Number of
|
Number of
|
Number of
|
||||||
Shares
|
Shares
|
Shares
|
||||||
Denominator computations
|
||||||||
Weighted average number of Ordinary Shares (millions) outstanding for the financial period
|
784.3
|
785.4
|
785.1
|
|||||
Effect of dilutive potential Ordinary Shares (employee share options) (millions)
|
4.9
|
4.8
|
6.0
|
|||||
Denominator for diluted earnings per Ordinary Share
|
789.2
|
790.2
|
791.1
|
|||||
Earnings per Ordinary Share
|
||||||||
- basic
|
100.1c
|
51.3c
|
142.9c
|
|||||
- diluted
|
99.5c
|
51.0c
|
141.8c
|
|||||
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
Net dividend paid per share (i)
|
93.0c
|
70.0c
|
92.0c
|
|||||
Net dividend declared for the period (i)
|
23.0c
|
22.0c
|
115.0c
|
|||||
Dividend cover (Earnings per share/Dividend declared per share)
|
4.4x
|
2.3x
|
1.2x
|
|||||
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
$m
|
$m
|
$m
|
||||||
Finance costs
|
162
|
206
|
389
|
|||||
Finance income
|
-
|
(2)
|
-
|
|||||
Other financial expense
|
53
|
48
|
101
|
|||||
Total net finance costs
|
215
|
252
|
490
|
|||||
The overall total is analysed as follows:
|
||||||||
Net finance costs on interest-bearing loans and borrowings and cash and cash equivalents
|
164
|
203
|
404
|
|||||
Net (credit)/cost re change in fair value of derivatives and fixed rate debt
|
(2)
|
1
|
(15)
|
|||||
Finance costs less income
|
162
|
204
|
389
|
|||||
Unwinding of discount element of lease liabilities
|
32
|
35
|
68
|
|||||
Unwinding of discount element of provisions for liabilities
|
9
|
10
|
21
|
|||||
Unwinding of discount applicable to deferred and contingent acquisition consideration
|
10
|
11
|
21
|
|||||
Unwinding of discount applicable to deferred divestment proceeds
|
(6)
|
(14)
|
(24)
|
|||||
Unwinding of discount applicable to leased mineral reserves
|
3
|
1
|
4
|
|||||
Pension-related finance costs (net) (note 14)
|
5
|
5
|
11
|
|||||
Total net finance costs
|
215
|
252
|
490
|
|||||
As at
|
||||||||||
As at 30 June
|
As at 30 June
|
31 December
|
||||||||
2021
|
2020
|
2020
|
||||||||
Book value
|
Fair
Value (ii)
|
Book
value
|
Fair
value (ii)
|
Book
value
|
Fair
value (ii)
|
|||||
Unaudited
|
Unaudited
|
Audited
|
||||||||
Net debt
|
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
||||
Non-current assets
|
||||||||||
Derivative financial instruments
|
131
|
131
|
190
|
190
|
184
|
184
|
||||
Current assets
|
||||||||||
Cash and cash equivalents (i)
|
6,292
|
6,292
|
14,661
|
14,661
|
7,721
|
7,721
|
||||
Derivative financial instruments
|
35
|
35
|
27
|
27
|
17
|
17
|
||||
Non-current liabilities
|
||||||||||
Interest-bearing loans and borrowings
|
(10,659)
|
(11,636)
|
(15,108)
|
(15,740)
|
(10,958)
|
(12,150)
|
||||
Lease liabilities
|
(1,336)
|
(1,336)
|
(1,326)
|
(1,326)
|
(1,339)
|
(1,339)
|
||||
Derivative financial instruments
|
-
|
-
|
(5)
|
(5)
|
(1)
|
(1)
|
||||
Current liabilities
|
||||||||||
Interest-bearing loans and borrowings (i)
|
(155)
|
(155)
|
(5,902)
|
(5,902)
|
(1,257)
|
(1,257)
|
||||
Lease liabilities
|
(297)
|
(297)
|
(283)
|
(283)
|
(296)
|
(296)
|
||||
Derivative financial instruments
|
(25)
|
(25)
|
(18)
|
(18)
|
(12)
|
(12)
|
||||
Group net debt
|
(6,014)
|
(6,991)
|
(7,764)
|
(8,396)
|
(5,941)
|
(7,133)
|
||||
As at
|
|||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
$m
|
$m
|
$m
|
|||
Cash and cash equivalents per Condensed Consolidated Balance Sheet
|
6,292
|
14,661
|
7,721
|
||
Bank overdrafts - notional cash pooling arrangements (i)
|
-
|
(4,573)
|
-
|
||
Total
|
6,292
|
10,088
|
7,721
|
As at
|
|||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
Gross debt, net of derivatives, matures as follows:
|
$m
|
$m
|
$m
|
||
Within one year
|
442
|
6,176
|
1,548
|
||
Between one and two years
|
1,553
|
915
|
708
|
||
Between two and three years
|
1,491
|
1,520
|
1,709
|
||
Between three and four years
|
1,394
|
1,376
|
887
|
||
Between four and five years
|
125
|
5,290
|
1,371
|
||
After five years
|
7,301
|
7,148
|
7,439
|
||
Total
|
12,306
|
22,425
|
13,662
|
As at
|
|||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
$m
|
$m
|
$m
|
|||
Cash and cash equivalents
|
6,292
|
14,661
|
7,721
|
||
Interest-bearing loans and borrowings
|
(10,814)
|
(21,010)
|
(12,215)
|
||
Lease liabilities
|
(1,633)
|
(1,609)
|
(1,635)
|
||
Derivative financial instruments (net)
|
141
|
194
|
188
|
||
Group net debt
|
(6,014)
|
(7,764)
|
(5,941)
|
Reconciliation of opening to closing net debt:
|
|||||
At 1 January
|
(5,941)
|
(7,532)
|
(7,532)
|
||
Movement in period
|
|||||
Increase in interest-bearing loans and borrowings
|
(70)
|
(6,174)
|
(6,427)
|
||
Repayment of interest-bearing loans and borrowings
|
1,241
|
26
|
4,943
|
||
Debt, including lease liabilities, in acquired companies
|
(14)
|
(9)
|
(12)
|
||
Debt, including lease liabilities, in disposed companies
|
1
|
-
|
12
|
||
Net increase in lease liabilities
|
(122)
|
(65)
|
(153)
|
||
Repayment of lease liabilities
|
131
|
132
|
258
|
||
Net cash flow arising from derivative financial instruments
|
28
|
(51)
|
(26)
|
||
Mark-to-market adjustment
|
33
|
(4)
|
22
|
||
Translation adjustment on financing activities
|
128
|
43
|
(529)
|
||
Decrease/(increase) in liabilities from financing activities
|
1,356
|
(6,102)
|
(1,912)
|
||
Translation adjustment on cash and cash equivalents
|
(107)
|
30
|
338
|
||
(Decrease)/increase in cash and cash equivalents per Condensed Consolidated Statement of Cash Flows
|
(1,322)
|
5,840
|
3,165
|
||
At 30 June
|
(6,014)
|
(7,764)
|
(5,941)
|
As at
|
|||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
$m
|
$m
|
$m
|
|||
Market capitalisation - Euronext Dublin (i)
|
39,540
|
26,795
|
32,756
|
As at
|
|||||
As at 30 June
|
As at 30 June
|
31 December
|
|||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
$m
|
$m
|
$m
|
|||
Within one year
|
-
|
-
|
10
|
||
Between one and two years
|
20
|
11
|
5
|
||
Between two and three years
|
59
|
5
|
61
|
||
Between four and five years
|
4,163
|
-
|
4,294
|
||
After five years
|
-
|
29
|
-
|
||
Total
|
4,242
|
45
|
4,370
|
Year ended
|
|||||
Six months ended 30 June
|
31 December
|
||||
2021
|
2020
|
2020
|
|||
Unaudited
|
Unaudited
|
Audited
|
|||
EBITDA net interest cover (times)
|
- six months to 30 June
|
12.3
|
7.8
|
-
|
|
- rolling 12 months
|
14.5
|
12.0
|
11.9
|
||
EBIT net interest cover (times)
|
- six months to 30 June
|
7.1
|
3.7
|
-
|
|
- rolling 12 months
|
7.6
|
7.5
|
5.8
|
||
Net debt as a percentage of market capitalisation
|
15%
|
29%
|
18%
|
||
Net debt as a percentage of total equity
|
30%
|
41%
|
29%
|
||
Level 2 (i)
|
Level 3 (i)
|
||||||||||
As at
|
As at
|
||||||||||
As at 30 June
|
31 December
|
As at 30 June
|
31 December
|
||||||||
2021
|
2020
|
2020
|
2021
|
2020
|
2020
|
||||||
Unaudited
|
Audited
|
Unaudited
|
Audited
|
||||||||
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
||||||
Assets measured at fair value
|
|||||||||||
Fair value hedges - interest rate swaps
|
126
|
189
|
183
|
-
|
-
|
-
|
|||||
Cash flow hedges - currency and commodity forwards
|
38
|
13
|
8
|
-
|
-
|
-
|
|||||
Net investment hedges - currency swaps
|
-
|
9
|
8
|
-
|
-
|
-
|
|||||
Not designated as hedges (classified as held for trading) - currency swaps and forwards
|
2
|
6
|
2
|
-
|
-
|
-
|
|||||
Total
|
166
|
217
|
201
|
-
|
-
|
-
|
|||||
Liabilities measured at fair value
|
|||||||||||
Cash flow hedges - currency and commodity forwards
|
(7)
|
(20)
|
(7)
|
-
|
-
|
-
|
|||||
Net investment hedges - currency swaps
|
(7)
|
(3)
|
(2)
|
-
|
-
|
-
|
|||||
Not designated as hedges (classified as held for trading) - currency swaps and forwards
|
(11)
|
-
|
(4)
|
-
|
-
|
-
|
|||||
Contingent consideration
|
-
|
-
|
-
|
(314)
|
(295)
|
(301)
|
|||||
Total
|
(25)
|
(23)
|
(13)
|
(314)
|
(295)
|
(301)
|
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
$m
|
$m
|
$m
|
||||||
Contracted for but not provided in these Condensed Consolidated Interim Financial Statements
|
692
|
309
|
423
|
|||||
Year ended
|
|||||||
Six months ended 30 June
|
31 December
|
||||||
2021
|
2020
|
2020
|
|||||
Unaudited
|
Unaudited
|
Audited
|
|||||
ASSETS
|
$m
|
$m
|
$m
|
||||
Non-current assets
|
|||||||
Property, plant and equipment
|
111
|
35
|
134
|
||||
Intangible assets
|
50
|
12
|
31
|
||||
Total non-current assets
|
161
|
47
|
165
|
||||
Current assets
|
|||||||
Inventories
|
39
|
9
|
23
|
||||
Trade and other receivables (i)
|
48
|
7
|
47
|
||||
Total current assets
|
87
|
16
|
70
|
||||
LIABILITIES
|
|||||||
Trade and other payables
|
(29)
|
(3)
|
(21)
|
||||
Provisions for liabilities
|
(1)
|
-
|
-
|
||||
Lease liabilities
|
(14)
|
(9)
|
(12)
|
||||
Current income tax liabilities
|
-
|
-
|
(1)
|
||||
Total liabilities
|
(44)
|
(12)
|
(34)
|
||||
Total identifiable net assets at fair value
|
204
|
51
|
201
|
||||
Goodwill arising on acquisition (ii)
|
131
|
52
|
157
|
||||
Total consideration
|
335
|
103
|
358
|
||||
Consideration satisfied by:
|
|||||||
Cash payments
|
335
|
96
|
351
|
||||
Deferred consideration (stated at net present cost)
|
-
|
7
|
4
|
||||
Contingent consideration
|
-
|
-
|
3
|
||||
Total consideration
|
335
|
103
|
358
|
||||
Net cash outflow arising on acquisition
|
|||||||
Cash consideration
|
335
|
96
|
351
|
||||
Less: cash and cash equivalents acquired
|
-
|
-
|
-
|
||||
Total outflow in the Condensed Consolidated Statement of Cash Flows
|
335
|
96
|
351
|
||||
Six months ended 30 June - Unaudited
|
|||||||||||||
Number of acquisitions
|
Goodwill
|
Consideration
|
|||||||||||
2021
|
2020
|
2021
|
2020
|
2021
|
2020
|
||||||||
Reportable segments
|
$m
|
$m
|
$m
|
$m
|
|||||||||
Americas Materials
|
3
|
2
|
26
|
10
|
77
|
23
|
|||||||
Europe Materials
|
1
|
3
|
-
|
-
|
5
|
6
|
|||||||
Building Products
|
3
|
3
|
102
|
32
|
253
|
70
|
|||||||
Total Group
|
7
|
8
|
128
|
42
|
335
|
99
|
|||||||
Adjustments to provisional fair values of prior period acquisitions
|
3
|
10
|
-
|
4
|
|||||||||
Total
|
131
|
52
|
335
|
103
|
|||||||||
Unaudited
|
|||
Six months ended 30 June
|
|||
2021
|
2020
|
||
$m
|
$m
|
||
Revenue
|
58
|
35
|
|
Profit before tax for the financial period
|
1
|
2
|
Unaudited
|
|||
Consolidated
|
|||
CRH Group
|
Group
|
||
2021
|
excluding 2021
|
including
|
|
acquisitions
|
acquisitions
|
acquisitions
|
|
$m
|
$m
|
$m
|
|
Revenue
|
108
|
13,986
|
14,094
|
Profit before tax for the financial period
|
1
|
1,045
|
1,046
|
Year ended
|
||||||||
Six months ended 30 June
|
31 December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
%
|
%
|
%
|
||||||
Eurozone
|
1.52
|
1.57
|
1.14
|
|||||
United States and Canada
|
2.76
|
2.57
|
2.34
|
|||||
Switzerland
|
0.35
|
0.35
|
0.20
|
|||||
Six months ended 30 June - Unaudited
|
||||||||
Assets
|
Liabilities
|
Net liability
|
||||||
2021
|
2020
|
2021
|
2020
|
2021
|
2020
|
|||
$m
|
$m
|
$m
|
$m
|
$m
|
$m
|
|||
At 1 January
|
3,321
|
3,013
|
(3,877)
|
(3,493)
|
(556)
|
(480)
|
||
Administration expenses
|
(2)
|
(2)
|
-
|
-
|
(2)
|
(2)
|
||
Current service cost
|
-
|
-
|
(28)
|
(26)
|
(28)
|
(26)
|
||
Past service credit
|
-
|
-
|
2
|
-
|
2
|
-
|
||
Interest income on scheme assets
|
23
|
28
|
-
|
-
|
23
|
28
|
||
Interest cost on scheme liabilities
|
-
|
-
|
(28)
|
(33)
|
(28)
|
(33)
|
||
Disposals
|
-
|
-
|
1
|
-
|
1
|
-
|
||
Remeasurement adjustments:
|
||||||||
-return on scheme assets excluding interest income
|
33
|
(10)
|
-
|
-
|
33
|
(10)
|
||
-actuarial gain/(loss) from changes in financial assumptions
|
-
|
-
|
219
|
(74)
|
219
|
(74)
|
||
Employer contributions paid
|
22
|
20
|
-
|
-
|
22
|
20
|
||
Contributions paid by plan participants
|
4
|
4
|
(4)
|
(4)
|
-
|
-
|
||
Benefit and settlement payments
|
(67)
|
(72)
|
67
|
72
|
-
|
-
|
||
Translation adjustment
|
(58)
|
(26)
|
58
|
34
|
-
|
8
|
||
At 30 June
|
3,276
|
2,955
|
(3,590)
|
(3,524)
|
(314)
|
(569)
|
||
Related deferred income tax asset
|
99
|
120
|
||||||
Net pension liability
|
(215)
|
(449)
|
Year ended
|
|||||||
Six months ended 30 June
|
31 December
|
||||||
2021
|
2020
|
2020
|
|||||
Unaudited
|
Unaudited
|
Audited
|
|||||
$m
|
$m
|
$m
|
|||||
Group profit for the financial period
|
815
|
406
|
1,165
|
||||
Income tax expense - estimated at interim
|
231
|
112
|
499
|
||||
Profit before tax
|
1,046
|
518
|
1,664
|
||||
Share of equity accounted investments' (profit)/loss
|
(10)
|
3
|
118
|
||||
Other financial expense
|
53
|
48
|
101
|
||||
Finance costs less income
|
162
|
204
|
389
|
||||
Profit before finance costs
|
1,251
|
773
|
2,272
|
||||
Profit on disposals
|
(104)
|
(9)
|
(9)
|
||||
Group operating profit
|
1,147
|
764
|
2,263
|
||||
Depreciation charge
|
813
|
789
|
1,624
|
||||
Amortisation of intangible assets
|
35
|
37
|
70
|
||||
Impairment charge
|
-
|
-
|
673
|
||||
EBITDA
|
1,995
|
1,590
|
4,630
|
||||
Year ended
|
||||||||
Six months ended 30 June
|
31
December
|
|||||||
2021
|
2020
|
2020
|
||||||
Unaudited
|
Unaudited
|
Audited
|
||||||
$m
|
$m
|
$m
|
||||||
Interest
|
||||||||
Finance costs (i)
|
162
|
206
|
389
|
|||||
Finance income (i)
|
-
|
(2)
|
-
|
|||||
Net interest
|
162
|
204
|
389
|
|||||
EBITDA
|
1,995
|
1,590
|
4,630
|
|||||
Times
|
Times
|
Times
|
||||||
EBITDA net interest cover (EBITDA divided by net interest)
|
12.3
|
7.8
|
11.9
|
|||||
Rolling 12 months ended 30 June
|
||||
2021
|
2020
|
|||
Unaudited
|
Unaudited
|
|||
$m
|
$m
|
|||
Interest - continuing operations
|
||||
Net interest - full year prior year (2020 and 2019)
|
389
|
365
|
||
Net interest - H1 prior year (2020 and 2019)
|
(204)
|
(199)
|
||
Net interest - H2 prior year (2020 and 2019)
|
185
|
166
|
||
Net interest - H1 current year (2021 and 2020)
|
162
|
204
|
||
Net interest - rolling 12 months to 30 June
|
347
|
370
|
||
EBITDA - continuing operations
|
||||
EBITDA - full year prior year (2020 and 2019)
|
4,630
|
4,478
|
||
EBITDA - H1 prior year (2020 and 2019)
|
(1,590)
|
(1,621)
|
||
EBITDA - H2 prior year (2020 and 2019)
|
3,040
|
2,857
|
||
EBITDA - H1 current year (2021 and 2020)
|
1,995
|
1,590
|
||
EBITDA - rolling 12 months to 30 June
|
5,035
|
4,447
|
||
Times
|
Times
|
|||
EBITDA net interest cover (EBITDA divided by net interest)
|
14.5
|
12.0
|
Albert Manifold
|
Chief Executive
|
Jim Mintern
|
Finance Director
|