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US suits CRH


A strong US performance helped Irish materials firm CRH weather a downturn in Europe to produce an overall 20 per cent jump in pre-tax profits to £261 million in the six months to June 30.

Turnover also increased by 13 per cent to £4.3 billion, up from £3.8 billion at the same stage in 2004.

Operating profits in Europe, including acquisitions, increased by just 2 per cent to £189 million while US prof its jumped 68 per cent to £114 million.