Report
Sven Edelfelt

CRH : Making the best of a bad job

>A good start to the year but COVID-19 already spoiling the party - CRH has published a broadly reassuring interim management statement. In Q1, sales were up 3% l-f-l thanks to a good performance in North America. By region, the America Materials division posted l-f-l growth of 8%, the Europe Materials branch was stable given stoppages due to lockdown measures in western Europe and the Building Products activity reported growth of 3% thanks to its exposure to North Am...
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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