CRH(CRH)2025-02-26 21:24Revenue Breakdown - In 2024, approximately 35% of revenues came from infrastructure, 30% from non-residential construction, and 35% from residential construction[20] - The Americas Materials Solutions segment accounted for approximately 45% of CRH's total revenues and 54% of Adjusted EBITDA in 2024[37] - In 2024, the Americas Building Solutions segment accounted for approximately 20% of CRH's total revenues and 20% of Adjusted EBITDA, with 65% of segment revenues from residential sales[42] - The International Division accounted for approximately 35% of CRH's total revenues and 26% of Adjusted EBITDA in 2024, with 35% of segment revenues from infrastructure projects[45] Acquisitions and Investments - CRH completed 40 acquisitions for a total consideration of 0.7 billion in 2023[22] - The largest acquisition in 2024 was in the Americas Materials Solutions segment, involving cement and readymixed concrete operations in Texas[22] - CRH's investment in innovation includes a 250 million in its Venturing and Innovation Fund to support the development of new technologies and innovative solutions[31] - CRH has established a 14.6 billion in 2024, an increase of 5% compared to 2023 and 16% compared to 2022[32] - CRH's absolute carbon emissions decreased by 4% from 31.0 million tonnes in 2023 to 29.7 million tonnes in 2024, while cement-specific net CO2 emissions per tonne reduced to 537kg[62] - In 2024, CRH recycled 44.7 million tonnes of by-products and wastes for use as alternative materials and fuels, up from 43.9 million tonnes in 2023[62] - CRH aims for a 30% reduction in absolute carbon dioxide emissions by 2030 from a 2021 base year, with a validated target in line with a 1.5°C trajectory[62] - The company is committed to a sustainable and resilient supply chain, actively monitoring its resilience to ensure access to required inputs[65] Operational Performance - Approximately 72% of net income and 74% of Adjusted EBITDA were generated in North America in 2024[21] - Annualized aggregates sales volumes in 2024 were 229.8 million tons for the Americas Division and 143.1 million tons for the International Division[47] - Annualized cement sales volumes in 2024 were 13.9 million tons for the Americas Division and 35.7 million tons for the International Division[48] - Annualized readymixed concrete sales volumes in 2024 were 17.4 million cubic yards for the Americas Division and 21.1 million cubic yards for the International Division[48] - Annualized asphalt sales volumes in 2024 were 52.2 million tons for the Americas Division and 10.0 million tons for the International Division[49] Workforce and Safety - The company employs approximately 79,800 people across 3,816 locations in 28 countries, with 47,400 in the Americas Division and 32,400 in the International Division[72] - In 2024, CRH achieved a lost time incident rate of 0.22, with 94% of locations reporting zero accidents[74] - The company employs approximately 47,400 people at 2,008 locations across the United States and Canada[36] Strategic Focus - CRH's strategy focuses on integrating building materials, products, and services to provide complete solutions for construction challenges[24] - The company continues to expand its North American and International operations to meet increasing demand for customer-connected solutions[21] - CRH prioritizes investment in markets with attractive fundamentals, driving demand for construction amid strong competition in fragmented markets[67] - The company operates in 28 countries, with significant market leadership in North America, Europe, and Australia[21] - The company is focused on research initiatives including hydrogen use, carbon mineralization projects, and Carbon Capture Usage and Storage (CCUS)[79]