Building materials group CRH has reported higher revenues and profits for 2018 on the back of strong demand for its products. 

The company said its revenues for the year to the end of December rose by 6% to €26.790 billion, while its group profits jumped by 31% to €2.521 billion.

During the year, sales in Europe rose by 2%, while they were up by 4% in the Americas and by 8% in Asia.

CRH is North America's biggest maker of concrete products and the second largest supplier of aggregate materials for construction.

It has proposed a dividend share increase of 6% to 72 cent.

Its chief executive Albert Manifold said the company benefited from good demand and continued favourable market fundamentals in the Americas coupled with positive underlying momentum in Europe.

He noted that both were experienced against a backdrop of energy-related input cost inflation and significant weather disruption during the year.