The company said total revenues for 2023 rose to $34.9 billion from 2022, an increase of $2.2 billion (7%), and that Adjusted EBITDA (non-GAAP) was $6.2 billion, up from $5.4 billion in 2022.

1. 01

   The company said total revenues for 2023 rose to $34.9 billion from 2022, an increase of $2.2 billion (7%), and that Adjusted EBITDA (non-GAAP) was $6.2 billion, up from $5.4 billion in 2022.

2. 02

   CRH said net income for 2023 was $3.1 billion, down from $3.9 billion in 2022, and cited income from discontinued operations, net of income tax expense, of $1.2 billion in 2022 as the main factor. Basic EPS from continuing operations was $4.36, and 2022 was $3.58.

3. 03

   The company said net cash provided by operating activities for 2023 was $5.0 billion, up $1.2 billion from $3.8 billion in 2022, and cited lower non-cash adjustments and positive working capital movements as the main drivers of the increase.

4. 04

   CRH said it paid $0.9 billion to shareholders in dividends and $3.0 billion in share buybacks in 2023, and that it repurchased approximately 54.9 million ordinary shares. The annual dividend per share was $1.33, up 5% from $1.27 in 2022.

Key figures

Fiscal year ended December 31, 2023

Revenue

$34.9B

Operating income

$4.2B

Net income

$3.2B

EPS

$4.33

Gross profit

$12.0B

Operating cash flow

$5.0B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.