Report
Kristoffer Inton
EUR 147.86 For Business Accounts Only

CRH's recent acquisitions bolstered its exposure to improving construction demand in its footprint.

On Nov. 17, CRH released a trading update for the third quarter of 2016. Performance was solid across CRH’s regions, as companywide sales grew 2% over the prior-year quarter. Even more encouraging, third-quarter EBITDA grew at 9% over the prior-year quarter. At first glance, the Americas segment appeared to have a mild quarter with just 1% revenue growth. Yet despite the mild top-line growth, EBITDA grew by an impressive 11%. Year to date, Americas EBITDA has grown by 39%.  
As we expected given...
Underlying
CRH Plc

CRH is a diversified international building materials company. Co. is engaged in the manufacture and distribution of a range of building materials products from the fundamentals of heavy materials and elements to construct the frame, through value-added products that complete the building envelope, to distribution channels which service construction fit-out and renewal. Co. operates seven operating segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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