Download full report with analyst certification and important disclosures
Aug 9 2019, 07:55 IST/BST
CRH
Balance sheet, buybacks and bolt-ons (BBB+)
- Sectors : Building Materials
- Companies : CRH
DAVY VIEW
CRH’s balance sheet strength is a key differentiator in the building materials sector. That strength is reflected in the ratings upgrade from Fitch, the share buyback programme and the ability to selectively bolt-on interesting acquisitions. With the disposal of the European Distribution division, we expect net debt/EBITDA to fall comfortably below 2x – further enhancing that financial flexibility.
