Report
Sven Edelfelt

CRH : Everything is fine, madam Marquise

>Q3 IMS in line with expectations - EBITDA came to $ 1.99bn (+5% l-f-l and 7% reported), slightly ahead of the consensus at $ 1.95bn. The EBITDA margin rose 10bp to 17.1% adjusting for disposals (in real terms, excluding the sale of the building envelope business, the margin would be down 50bp). The group benefited from its geographical/business mix focused on the US. Q3 sales came to $ 9.4bn boosted by a good level of activity in the building products arm (+21% l-f-l...
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
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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