Report
Kristoffer Inton
EUR 100.00 For Business Accounts Only

CRH's recent acquisitions strategy has focused on the U.S., but the price paid looks a little high.

CRH finished 2017 with another quarter of mild incremental improvement. For the full year, companywide EBITDA rose 3% on a like-for-like basis, with solid performance from CRH’s U.S. and European operations outweighing challenges in the Philippines. Imports, cost inflation, and competition drove a 53% like-for-like decline in EBITDA in CRH’s Asia segment, although the impact was muted given the segment’s relatively smaller size compared with the company’s other businesses. However, the company s...
Underlying
CRH PLC ADS

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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