Delivering for shareholders; $2.1bn acquisition in Texas adds further growth

  • Sectors : Building Materials
  • Companies : CRH

Ratings and price correct at time of issue.

  • CRH

    Closing Price: 5874c

  • RATING 23/05/12

  • PREVIOUS RATING 12/01/12



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.

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Nov 21 2023, 07:07 GMT