CRH publishes IFRS to U.S. GAAP transition information
February 07 2024 - 2:00AM
Business Wire
CRH plc, the leading provider of building materials solutions,
today announces the impact of the transition to generally accepted
accounting principles in the United States of America (U.S. GAAP)
on its results previously prepared in accordance with International
Financial Reporting Standards (IFRS) for the financial years ended
December 31, 2021 and December 31, 2022.
Equivalent transition impact disclosures will be provided for
the financial year ended December 31, 2023 on February 29,
2024.
Please note that the Company's most recently published outlook
guidance provided to the market on November 21, 2023, in respect of
the year ended December 31, 2023, was issued on an IFRS basis.
Financial restatements under U.S. GAAP for full-year 2021 and
2022, including IFRS to U.S. GAAP reconciliations, are now
available on www.crh.com.
About CRH
CRH (NYSE: CRH, LSE: CRH) is the leading provider of building
materials solutions that build, connect and improve our world.
Employing c.75,800 people at c.3,160 operating locations in 29
countries, CRH has market leadership positions in both North
America and Europe. As the essential partner for road and critical
utility infrastructure, commercial building projects and outdoor
living solutions, CRH’s unique offering of materials, products and
value-added services helps to deliver a more resilient and
sustainable built environment. The company is ranked among sector
leaders by Environmental, Social and Governance (ESG) rating
agencies. A Fortune 500 company, CRH’s shares are listed on the
NYSE and LSE.
Registered Office: No 12965. Registered
Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland
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version on businesswire.com: https://www.businesswire.com/news/home/20240206966717/en/
Contact CRH at +353 1 404 1000
Albert Manifold, Chief Executive Jim Mintern, Chief Financial
Officer Frank Heisterkamp, Director of Capital Markets & ESG
Tom Holmes, Head of Investor Relations
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