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Nov 21 2023, 07:07 GMT
CRH
Delivering for shareholders; $2.1bn acquisition in Texas adds further growth
- Sectors : Building Materials
- Companies : CRH
DAVY VIEW
The continued impressive delivery on margins, returns and cash generation at CRH, is not only driving strong financial performance in the present (the company has once again lifted full-year guidance), it is supporting capital deployment in strategically compelling opportunities (such as the materials assets it is acquiring for $2.1bn in Texas), thereby unlocking additional growth runway. This is a consistent theme at the company and the benefits continue to be highly attractive for shareholders.
