CRH Revenue Rises 3% in Q3; Cuts 2026 EBITDA Guidance
CRH reported Q3 2026 revenue of $11.4 billion, up 3%, while adjusted EPS fell short of analyst expectations. It lowered full-year 2026 EBITDA guidance to $7.8 billion-$8.0 billion and launched a two-year program targeting $400 million in annual adjusted EBITDA benefits by the end of 2028, with $400 million in implementation costs.
CRH plc reported a 3% increase in Q3 2026 revenue to $11.4 billion, though adjusted earnings per share fell short of analyst expectations. In response to the results, the company lowered its full-year 2026 EBITDA guidance to a range of $7.8 billion to $8.0 billion. Alongside these financial updates, CRH announced the launch of its two-year "Velocity" program, which aims to generate $400 million in annual adjusted EBITDA benefits by the end of 2028. The company expects to incur $400 million in costs to implement this strategic initiative.