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CRH PLC (CRH.L)

CRH.L on London Stock Exchange

2,555.00GBp
17 Aug 2018
Change (% chg)

13.00 (+0.51%)
Prev Close
2,542.00
Open
2,518.00
Day's High
2,568.00
Day's Low
2,515.00
Volume
1,724,690
Avg. Vol
1,570,787
52-wk High
2,894.00
52-wk Low
2,326.00

Latest Key Developments (Source: Significant Developments)

CRH Plc Announces Divestment Of Benelux DIY Business
Wednesday, 18 Jul 2018 02:00am EDT 

July 18 (Reuters) - CRH PLC ::CRH ANNOUNCES DIVESTMENT OF BENELUX DIY BUSINESS.PROPOSED DEAL FOR TOTAL CONSIDERATION OF EUR 510 MILLION..COMPLETED DIVESTMENT OF ITS DIY BUSINESS IN NETHERLANDS AND BELGIUM, TOGETHER WITH CERTAIN RELATED PROPERTY ASSETS, TO INTERGAMMA.  Full Article

CRH Plc Announces Completion Of Ash Grove Acquisition
Thursday, 21 Jun 2018 02:00am EDT 

June 21 (Reuters) - CRH PLC ::ANNOUNCES COMPLETION OF ASH GROVE ACQUISITION.  Full Article

CRH FY EBITDA up 6 pct to 3.3 bln euros, eyes growth in 2018
Thursday, 1 Mar 2018 02:13am EST 

March 1 (Reuters) - Crh Plc ::FINAL DIVIDEND 0.488 EURPER SHARE.TOTAL DIVIDEND UP 5 PERCENT TO 0.68 EURPER SHARE.FY PRETAX PROFIT 2.01 BILLION EUR VERSUS 1.74 BILLION EUR YEAR AGO.FY SALES 27.6 BILLION EUR.‍SALES OF EUR 27.6 BILLION, 2% AHEAD OF 2016; LIKE-FOR-LIKE SALES UP 2%​.‍EBITDA UP 6% TO EUR 3.3 BILLION; LIKE-FOR-LIKE EBITDA UP 3%​.‍FULL YEAR DIVIDEND PER SHARE INCREASED BY 5% TO 68.0C, COVERED 3.3 TIMES​.‍WELL POSITIONED TO CAPITALISE ON ONGOING ECONOMIC RECOVERY​.‍FOCUS REMAINS ON CONSOLIDATING AND BUILDING UPON GAINS MADE IN 2017​.‍WE BELIEVE THAT 2018 WILL BE A YEAR OF CONTINUED GROWTH FOR GROUP​.‍MARGINS AND RETURNS AHEAD IN ALL AMERICAN AND EUROPEAN DIVISIONS​.‍TARGET IS TO BUILD DIVIDEND COVER TO 3 TIMES BEFORE ONE-OFF ITEMS OVER MEDIUM-TERM AND ACCORDINGLY​.‍ANY DIVIDEND INCREASES IN COMING YEARS WILL LAG INCREASES IN EARNINGS PER SHARE​.‍IN EUROPE, EUR 0.6 BILLION WAS SPENT ON ACQUISITIONS, 1.3 BILLION IN AMERICAS​.‍ANTICIPATE SOME STABILISATION OF CEMENT MARKET IN PHILIPPINES IN 2018​.  Full Article

INTERVIEW-CRH CEO eyeing more deals later this year to put cash to work
Thursday, 1 Mar 2018 02:01am EST 

March 1 (Reuters) - Crh Plc ::CRH CEO SAYS PACE OF EARNINGS GROWTH CONTINUING INTO 2018 AFTER STRONG FINISH TO THE YEAR.CRH CEO SAYS FOCUS ON INTEGRATING NEW BUSINESS IN H1, ACQUISITION PIPELINE QUITE STRONG BEYOND THAT.CRH CEO SAYS HAVE TO PUT CASH TO WORK FOR SHAREHOLDERS, CAN PICK AND CHOOSE DEALS.CRH CEO SAYS SIGNIFICANT PENT UP DEMAND IN EUROPE, ABOUT FIVE YEARS BEHIND U.S. CYCLE.CRH CEO SAYS SEEING 2-3 PERCENT LABOUR COST INFLATION IN EUROPE, U.S., NOT SEEING LABOUR SHORTAGES YET.  Full Article

CRH Announces Completion Of Americas Distribution Divestment
Tuesday, 2 Jan 2018 12:00pm EST 

Jan 2 (Reuters) - CRH Plc ::CRH DIVESTMENT UPDATE.CRH ANNOUNCES COMPLETION OF AMERICAS DISTRIBUTION DIVESTMENT.  Full Article

Fairfax drops out of bidding for South African cement maker PPC
Monday, 11 Dec 2017 05:15am EST 

Dec 11 (Reuters) - PPC Ltd ::NOTIFICATION OF WITHDRAWAL OF FAIRFAX PARTIAL OFFER AND FURTHER CAUTIONARY ANNOUNCEMENT.ON 8 DECEMBER 2017, INDEPENDENT BOARD RECEIVED FAIRFAX'S FORMAL NOTIFICATION THAT IT WILL NOT PROCEED WITH PARTIAL OFFER.PPC LTD BOARD CONTINUES TO ENGAGE WITH LAFARGEHOLCIM IN RESPECT OF ITS APPROACH.  Full Article

PPC says independent board to not recommend offer by Fairfax Africa Investments
Wednesday, 22 Nov 2017 06:20am EST 

Nov 22 (Reuters) - PPC Ltd - :‍RECOMMENDATION OF INDEPENDENT BOARD NOT TO ACCEPT OFFER BY FAIRFAX AFRICA INVESTMENTS PROPRIETARY LIMITED ("FAIRFAX").‍PPC WILL NOT CONVENE A GENERAL MEETING OF SHAREHOLDERS FOR PURPOSES OF APPROVING PROPOSED MERGER​.‍TAKEOVER REGULATION PANEL HAS GRANTED FAIRFAX AN EXTENSION OF DATE BY WHICH IT IS REQUIRED TO POST PARTIAL OFFER CIRCULAR UNTIL 12 DECEMBER 2017​.‍PPC IS CONTINUING ITS ENGAGEMENTS WITH CRH AND LH REGARDING THEIR RESPECTIVE NON-BINDING EXPRESSIONS OF INTEREST​.  Full Article

CRH says has capacity for further deals after fresh U.S move
Tuesday, 21 Nov 2017 04:07am EST 

Nov 21 (Reuters) - CRH Plc :CRH says paying average 10x 2017 FY EBITDA, 8x post-synergies for $3.5 billion Ash Grove, $0.75 billion Florida cement deals.CRH says has identified $80 million of synergies from ash grove acquisition over three years.CRH CEO says recent acquisitions very deliberate attempt to refocus group on U.S. and higher growth states.CRH CFO says still has capacity on balance sheet to do further deals as they present themselves.CRH CEO says would not expect any significant deals in new geographies.  Full Article

CRH sees FY earnings rising above 3.2 billion euros ​
Tuesday, 21 Nov 2017 02:10am EST 

Nov 21 (Reuters) - CRH Plc :‍Sales increased by 2 percent to 20.7 bln euros in first nine months compared with corresponding period in 2016​.‍EBITDA for nine months to end of September 2017 was 2.43 billion euros, an increase of 2 percent compared with 2016​.‍Continue to expect another year of progress for the group; with current momentum continuing for remainder of year​.‍EBITDA including discontinued operations estimated to be in excess of eur 3.2 billion (2016 reported: eur 3.13 billion)​.‍To date in 2017, group spent 1.34 billion euros on 27 acquisition/investment transactions​.‍Expect year-end net debt to be in line with last year​.  Full Article

Ash Grove shareholders approve $3.5 bln sale to CRH
Monday, 23 Oct 2017 02:10am EDT 

Oct 23 (Reuters) - Crh Plc :‍CRH has now received Ash Grove shareholder approval for proposed acquisition at a total consideration of $3.5 billion​.  Full Article

U.S. Justice Dept to require CRH to shed quarry as part of acquisition

WASHINGTON, June 22 The U.S. Justice Department said on Friday it will require construction company CRH Plc and its U.S. subsidiary to divest Rocky Gap Quarry as a condition of its planned acquisition of privately held Pounding Mill Quarry Corp.