April 25, 2018 / 6:15 AM / in 6 months

BRIEF-CRH Q1 sales down 2 pct, sees H2 EBITDA ahead of 2017

April 25 (Reuters) - CRH PLC:

* RESULTED IN Q1 LIKE-FOR-LIKE SALES DOWN 2 PERCENT Y/Y DUE TO PROLONGED WINTER WEATHER, EASTER HOLIDAY TIMING

* GROUP EBITDA, FOR SEASONALLY LESS SIGNIFICANT FIRST HALF OF YEAR, EXPECTED TO BE IN LINE WITH H1 2017 ON A LIKE-FOR-LIKE

* WITH NORMAL WEATHER PATTERNS AND IN ABSENCE OF ANY MAJOR MARKET DISLOCATIONS, LIKE-FOR-LIKE H2 EBITDA ANTICIPATED TO BE AHEAD OF LAST YEAR

* TARGETING A FURTHER C. EUR 1.5 BILLION TO EUR 2 BILLION OF DIVESTMENTS OVER MEDIUM TERM

* IN EUROPE, LIKE-FOR-LIKE H1 EBITDA EXPECTED TO BE SLIGHTLY AHEAD OF H1 2017, AMERICAS IN LINE, ASIA BEHIND

* ACQUISITION/INVESTMENT SPEND DURING PERIOD AMOUNTED TO C. EUR 150 MILLION Further company coverage: (Reporting By Padraic Halpin)

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