CRH Concrete A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Primary activities
CRH Concrete A/S´objective is to be a relevant and competent business partner througout the entire construction cycle - from the first planning phase and right on to the building site.
Our strategy is to be the leading supplier offering sustainable solutions throug design, focusing on the right solution for each project and all related services.
Thanks to our sound financial basis and competent employees, who sees all projects through until completion, we are strongly positioned in the market for delivering the most competitive solutions.
WE MIX KNOWLEDGE AND CONCRETE!
CRH Concrete A/S covers today the well known brands in the market BETONELEMENT, EXPAN, DALTON, MODULBAD, CONFAC and CRH MONTAGE.
CRH Concrete A/S supplies concrete elements and installation, designing and other services in Denmark, Sweden and Norway. The Company has 1,166 employees working in 11 factories in Denmark.
CRH Concrete A/S has production facilities in Varde, Linå, Tilst, Hobro, Viby Sjælland, Ringsted, Søndersø, Borup, Brørup and Randers.
We deliver a complete range of structural concrete precast elements - from every type of pre stressed products through wall panels, facades, columns and beams to the complete strucyure of industrial, domicile and residential solutions - including multi storage car parks, arenas, concrete bridge beams. CRH Concrete A/S is owned by CRH plc., one of the world´s largest building materials groups employing around 78,500 employees at 3,390 operation locations in 29 countries. CRH plc. is headquartered in Dublin, Ireland and is listen on the New York Stock Exchange.
We as the Company and its subsidiaries are included in the consolidated financial statements of CRH plc. consolidated financial statements have not been prepared.
CRH Concrete A/S is the largest supplier of concrete precast elements in the Danish market and strengthened its leading market position even further in 2023 by offering the largest and broadest range of building solutions in the market.
Significant changes in the company's activities
CRH Concrete A/S has completed a merger with Confac A/S with CRH Concrete A/S as the surviving company. The merger was completed with accounting effect from 1 January 24. The company has applied the pooling of interests method in connection with the merger and has restated the comparative figures in the income statement, balance sheet and notes as if the companies had always been merged.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financial affairs
CRH Concrete A/S generated revenue of DKK 1,932 million in 2024 against DKK 2,211 million in 2023 - a decrease of 12.6%
The pre-tax profit was DKK 176.0 million (DKK 222.8 million), and the profit after tax was DKK 136.7 million (DKK 175.2 million), which is lower than the forecast stated in the 2023 annual report. The result is considered satisfactory given the general geopolitical situation including the challenges of the war in Ukraine.
Equity before appropriation of profits amounts to DKK 1,068,4 million (DKK 931.7 million), corresponding to an equity ratio of 61,9% (49%).
The profit is proposed transferred to the free reserves. The return on equity amounts to 13,7% (20,8%).
In 2024, CRH Concrete A/S delivered structual concrete elements to approximately 350 different projects - larges as well as small.
In 2024, we supplied concrete elements for the following major projects:
Hospital, Sealand
Residential construction, Copenhagen SV
Residential construction, Copenhagen K
Parking garage, Måløv
Residential construction, Frederikssund
Parking garage, Esbjerg
Logistics center, Taulov
Parking garage, Hillerød
Residential construction, Rødovre
Residential construction, Farum
Through our strong focus on innovation and new products, we contribute to the ongoing industrialisation of the Danish conctruction industy.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

Subsequent events
No important events have occurred after the end of the financial year.

Beskrivelse af virksomhedens forventede udvikling

Outlook
Considering the general geopolitical situation including the war in Ukraine it is not possible to assess how important it will be for the result for 2025, which, however, is estimated to be in line with 2024 result.