REG-CRH plc CRH sets out next era of growth and five-year targets at Investor Day

CRHAnnouncement

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CRH sets out next era of growth and five-year targets at Investor Day

 

CRH (NYSE: CRH), the leading global provider of building materials, will host
its Investor Day today in New York City at 9:00 a.m. EDT, led by CEO Jim
Mintern and the executive leadership team.

Jim Mintern, CEO, said: “As the global leader in building materials and the
number one infrastructure play in North America, our Investor Day will
showcase how we are raising our ambition to 2030 to deliver the next era of
growth and why we are the leading compounder of capital and shareholder value
in our industry. With $40 billion of financial capacity(1 )over the next five
years, our superior strategy, enabled by our unmatched scale and connected
portfolio, positions us to execute on unrivaled growth opportunities.”

At the event, CRH will set out its financial targets over the next five years
(2026-2030):


 * Average annual Revenue growth between 7% and 9%(2)

 * Adjusted EBITDA margin(3) between 22% and 24% by 2030

 * Average annual Adjusted Free Cash Flow Conversion(3) of >100%

CRH has today also reaffirmed its financial guidance for 2025(4), including
Adjusted EBITDA(3) of $7.5 billion - $7.7 billion.

The event will be broadcast via live webcast and registration details are
available on www.crh.com/investors
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.crh.com%2Finvestors&esheet=54331588&newsitemid=20250930878767&lan=en-US&anchor=www.crh.com%2Finvestors&index=1&md5=9ed4dab5658954d77cbfacaa8ab46fe7)
. Upon registration, a link to join the webcast will be made available. The
presentation materials will be available on the Investors section of the CRH
website. A replay of the webcast will be available after the event.
 ____________________                                                                  
 (1)  Financial capacity is defined as the anticipated cash and debt financing         
      available (after maintenance capex) for growth investments and cash returns to   
      shareholders. The information is indicative only and any capital deployment      
      will be dependent on the value creation opportunities arising over the period.   
 (2)  Revenue growth is presented on a total basis, including organic and inorganic    
      growth.                                                                          
 (3)  Represents a non-GAAP measure. See “Non-GAAP Reconciliation and                  
      Supplementary Information” below.                                                
 (4)  As published on August 6, 2025 (including Net income of $3.8 billion - $3.9      
      billion) and reflecting the same underlying assumptions. 2025 guidance does      
      not reflect any financial impacts from the recent acquisition of Eco Material    
      Technologies.                                                                    


About CRH

CRH (NYSE: CRH) is the leading global provider of building materials solutions
that build, connect and improve our world. Employing 80,000 people at 4,000
operating locations in 28 countries, CRH has market leadership positions in
North America and Europe. As the essential partner for transportation and
critical infrastructure projects, complex non-residential construction 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 Global 500 company,
CRH’s shares are listed on the NYSE and LSE.

For more information visit: www.crh.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.crh.com&esheet=54331588&newsitemid=20250930878767&lan=en-US&anchor=www.crh.com&index=2&md5=4f0947a2de12c96759bcdcc848ac6f83)

Appendix 1 - Disclaimer/Forward-Looking Statements

In order to utilize the “Safe Harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995, CRH is providing the
following cautionary statement.

This press release contains statements that are, or may be deemed to be,
forward-looking statements. These forward-looking statements may generally,
but not always, be identified by the use of words such as “will”,
“anticipates”, “should”, “could”, “would”, “targets”,
“aims”, “may”, “continues”, “expects”, “is expected to”,
“estimates”, “believes”, “intends” or similar expressions. These
forward-looking statements include all matters that are not historical facts
or matters of fact at the date of this press release.

In particular, the following, among other statements, are all forward-looking
in nature: statements regarding CRH’s 2025 financial guidance and related
assumptions and 2030 financial targets; statements regarding CRH’s growth
and value creation prospects and its expected financial capacity and resulting
optionality; and statements regarding advantages afforded to CRH as a result
of its scale and connected portfolio.

By their nature, forward-looking statements involve risk and uncertainty
because they relate to events and depend on circumstances that may or may not
occur in the future and reflect our current expectations and assumptions as to
such future events and circumstances that may not prove accurate. You are
cautioned not to place undue reliance on any forward-looking statements. These
forward-looking statements are made as of the date of this press release. We
expressly disclaim any obligation or undertaking to publicly update or revise
these forward-looking statements other than as required by applicable law.

A number of material factors could cause actual results and developments to
differ materially from those expressed or implied by these forward-looking
statements, certain of which are beyond our control, and which include, among
other factors, the risks and uncertainties described under “Risk Factors”
in CRH’s 2024 Form 10-K and in its other filings with the SEC.

Appendix 2 - Non-GAAP Reconciliation and Supplementary Information

CRH uses a number of non-GAAP performance measures to monitor financial
performance. These measures are regularly reviewed by CRH management. These
measures may not be uniformly defined by all companies and accordingly may not
be directly comparable with similarly titled measures and disclosures by other
companies.

The non-GAAP performance measures as summarized below should not be viewed in
isolation or as an alternative to the equivalent GAAP measure.

Adjusted EBITDA: Adjusted EBITDA is defined as earnings from continuing
operations before interest, taxes, depreciation, depletion, amortization, loss
on impairments, gain/loss on divestitures and investments, income/loss from
equity method investments, substantial acquisition-related costs and pension
expense/income excluding current service cost component. It is quoted by
management in conjunction with other GAAP and non-GAAP financial measures to
aid investors in their analysis of the performance of the Company. Adjusted
EBITDA margin is calculated by expressing Adjusted EBITDA as a percentage of
total revenues.

Please refer to CRH’s earnings release, dated August 6, 2025, for a
reconciliation of the mid-point of the 2025 Adjusted EBITDA guidance to its
nearest GAAP measure.

Adjusted Free Cash Flow: Adjusted Free Cash Flow is a liquidity measure and is
defined as net cash provided by operating activities adjusted for proceeds
from disposal of long-lived assets less maintenance capital expenditures.
Adjusted Free Cash Flow Conversion is defined as Adjusted Free Cash Flow
divided by Net income. Management believes that Adjusted Free Cash Flow and
Adjusted Free Cash Flow Conversion are useful metrics for both management and
investors in evaluating the Company’s ability to generate cash flow from
operations after making investments in maintaining its asset base. As is the
case with the other non-GAAP measures presented, users should consider the
limitations of using Adjusted Free Cash Flow and Adjusted Free Cash Flow
conversion, including the fact that those measures do not provide a complete
measure of our cash flows for any period. In particular, Adjusted Free Cash
Flow and Adjusted Free Cash Flow conversion are not intended to be a measure
of cash flow available for management’s discretionary use, as these measures
do not reflect certain cash requirements, such as debt service requirements
and other contractual commitments.

Adjusted EBITDA Margin and Adjusted Free Cash Conversion are non-GAAP
financial measures. We cannot predict with certainty certain items that would
be included in the most directly comparable GAAP measure for the relevant
future periods. Due to these uncertainties, we cannot provide a quantitative
reconciliation of Adjusted EBITDA Margin or Adjusted Free Cash Flow Conversion
to the most directly comparable GAAP financial measure, respectively, without
unreasonable effort.

Tom Holmes

Head of Investor Relations

tholmes@crh.com (mailto:tholmes@crh.com)

Lauren Schulz

Chief Communications Officer

lschulz@crh.com (mailto:lschulz@crh.com)



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