CRH posts modest Q3 revenue growth, cuts full‑year outlook and launches $6 bn buyback
CRH reported third‑quarter 2026 revenue of $11.4 billion, a 3 % increase versus the prior year, while net income fell to about $1.2 billion because of higher impairment charges. The company completed its roughly $8.5 billion acquisition of Arcosa and announced a new share‑repurchase programme of up to $6 billion through 2030. It also lowered its full‑year net‑income guidance to $3.1‑$3.3 billion and adjusted‑EBITDA guidance to $7.8‑$8.0 billion.
Why it matters
The buyback programme signals strong cash generation and may support the share price despite the guidance reduction. The lowered earnings outlook reduces expected returns for investors for the remainder of 2026.
Key facts
- 1Q3 2026 revenue was $11.4 billion, up 3 % year over year. tradingview.com
- 2Net income for the quarter was $1.2 billion, down from $1.5 billion a year earlier. tradingview.com
- 3Adjusted EBITDA for the quarter was $2.7 billion, flat versus the prior year. tradingview.com
- 4CRH completed an acquisition of Arcosa valued at approximately $8.5 billion. tradingview.com
- 5The company authorized a share‑buyback program of up to $6 billion, to run through 2030. tradingview.com
- 6Full‑year net‑income guidance was revised to a range of $3.1 billion‑$3.3 billion. tradingview.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.