Quarry Company’s profits top Eu500 million

CRH, which own Belgard Quarry among others has announced that its pre-tax profits have increased by one-third and look set to top Eu500 million for the year.

The Building materials group’s shares have risen 1.5% to Eu26.65 on the back of positive trading and analysts have predicted that could increase to 2 or 3% by the year end.
A spokesperson for CRH said: The current business outlook is, on the whole, positive and while, as always, risks remain we expect good profit growth in the more significant second half of the year leading to a healthy advance for 2006 as a whole.”