CRH CRH Plc

By Rory Gallivan

LONDON--Building materials company CRH PLC (CRG.DB) Thursday said it benefited from positive momentum in the Americas and acquisitions as it posted a big jump in profit.

Net profit for the six months ended June 30 rose to 279 million euros ($316 million) from EUR47 million a year earlier as revenue climbed to EUR12.7 billion from EUR9.4 billion.

The interim dividend rose 1.6% to 18.8 euro cents.

"With the benefit of favourable weather patterns, our Americas operations started the year well and construction market activity outpaced overall economic growth," the company said.

CRH said its closely watched measure of reported earnings before interest, taxes, depreciation and amortization more than doubled to EUR1.12 billion in the first half and predicted full-year reported Ebitda will exceed EUR3 billion.

The impact of the U.K. voting to leave the EU remains unclear for the medium term, the company said.

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

August 25, 2016 02:40 ET (06:40 GMT)

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