Say What 82% drop!!!!

During the first half of 2009 CRH has dropped a whopping 82%. That is a loss of €498 billion, from Jan till now. Just the year before the CRH group had a revenue loss of 15%. In the last 6 months there has been €300 million spent on acquisitions and investments by CRH.
The European materials division have experienced a 70% decline in profits in Ireland. As if running a business during good times isn’t hard enough. Imagine working a crossword puzzle without the phrase key. CRH is in this unique position the difference being money instead of the phrase key. Now CRH is looking at undertaking aggressive cost reduction in an effort to raise overall profitability and lower costs.