Building Materials

Positive commentary on US infrastructure markets; CRH a key beneficiary

  • Sectors : Building Materials
  • Companies : HeidelbergCement AG | LafargeHolcim | Buzzi Unicem | CRH

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Buzzi Unicem OUTPERFORM 04/04/16 Neutral 05/08/15 2072c
CRH OUTPERFORM 23/05/12 Neutral 12/01/12 2765c
HeidelbergCement AG OUTPERFORM 16/06/17 Neutral 05/02/14 8240c
LafargeHolcim UNDERPERFORM 17/11/15 Neutral 29/07/15 5314

DAVY VIEW

The outlook for the US highway infrastructure market remains positive, according to Martin Marietta. Revenues from its Asphalt and RMC division are expected to increase by 11% in 2018. It is also positive on the potential impact of the new infrastructure plan announced by the Trump administration. CRH is the largest provider of raw materials into the US infrastructure market and will be a key beneficiary of these positive trends.

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Feb 14 2018, 07:40 GMT

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