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CRH PLC (CRH.L)

CRH.L on London Stock Exchange

2,153.00GBp
19 Oct 2018
Change (% chg)

-69.00 (-3.11%)
Prev Close
2,222.00
Open
2,204.00
Day's High
2,241.00
Day's Low
2,153.00
Volume
3,676,300
Avg. Vol
1,600,777
52-wk High
2,894.00
52-wk Low
2,152.00

Latest Key Developments (Source: Significant Developments)

CRH Appoints Mary Rhinehart And Siobhan Talbot As Non-Executive Directors
Monday, 1 Oct 2018 02:25am EDT 

Oct 1 (Reuters) - CRH PLC ::CRH PLC - APPOINTMENT TO BOARD OF MARY RHINEHART AND SIOBHAN TALBOT AS NON-EXECUTIVE DIRECTORS.  Full Article

CRH review of European distribution unit to take months-CEO
Thursday, 23 Aug 2018 02:20am EDT 

Aug 23 (Reuters) - CRH PLC ::CRH CEO SAYS GROWTH IN EUROPE CONTINUING AT THE SAME PACE AS LAST YEAR, PRICING STARTING TO COME THROUGH.CRH CEO SAYS SEEING SOME SOFTENING IN ACTIVITY IN THE UK AROUND BREXIT UNCERTAINTY.CRH CEO SAYS EUROPEAN DISTRIBUTION BUSINESS STRATEGIC REVIEW HAS BEGUN, WILL TAKE SEVERAL MONTHS TO COMPLETE.  Full Article

UK's CMA Says Decided Not To Refer Acquisition By CRH Of Alun Griffiths To Phase 2 Investigation
Friday, 29 Jun 2018 02:00am EDT 

June 29 (Reuters) - UK'S CMA: :DECIDED NOT TO REFER ACQUISITION BY CRH THROUGH ITS SUBSIDIARY TARMAC TRADING LIMITED OF ALUN GRIFFITHS TO A PHASE 2 INVESTIGATION.  Full Article

CRH Says To Combine Certain European, Americas Businesses
Thursday, 31 May 2018 02:00am EDT 

May 31 (Reuters) - CRH PLC ::ANNOUNCES ORGANISATIONAL & BUSINESS IMPROVEMENT INITIATIVES.WILL ESTABLISH NEW GLOBAL BUILDING PRODUCTS DIVISION EFFECTIVE 1 JAN 2019, BRINGING TOGETHER EUROPE LIGHTSIDE, EUROPE DISTRIBUTION AND AMERICAS PRODUCTS DIVISIONS.TARGETING TO IMPROVE GROUP'S EBITDA MARGIN BY 300 BASIS POINTS BY 2021.TARGETING TO HAVE EUR 7 BILLION OF FINANCIAL CAPACITY OVER NEXT 4 YEARS (AFTER CAPEX AND DIVIDENDS).DAVID DILLON,PRESIDENT, EUROPE LIGHTSIDE & DISTRIBUTION, WILL ASSUME NEW ROLE OF PRESIDENT, GLOBAL STRATEGY & BUSINESS DEVELOPMENT, REPORTING TO CEO.  Full Article

CRH Says Commence Phase 1 Of Share Buyback Programme
Wednesday, 2 May 2018 02:00am EDT 

May 2 (Reuters) - CRH PLC ::CRH COMMENCES PHASE 1 OF SHARE BUYBACK PROGRAMME.HAS ENTERED INTO ARRANGEMENTS WITH UBS TO REPURCHASE ORDINARY SHARES ON CRH'S BEHALF FOR A MAXIMUM CONSIDERATION OF EUR 350 MILLION.PHASE 1 PROGRAMME WILL COMMENCE ON 2 MAY 2018, AND WILL END NO LATER THAN 22 AUGUST 2018.  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

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.