CRH.L - CRH plc

LSE - LSE Delayed Price. Currency in GBp
2,651.00
+4.00 (+0.15%)
At close: 4:36PM BST
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Previous Close2,647.00
Open2,657.00
Bid2,642.00 x 0
Ask2,644.00 x 0
Day's Range2,624.00 - 2,666.00
52 Week Range1,961.00 - 2,733.00
Volume1,662,952
Avg. Volume1,799,177
Market Cap21.204B
Beta (3Y Monthly)1.13
PE Ratio (TTM)6.41
EPS (TTM)413.50
Earnings DateAug 22, 2019
Forward Dividend & Yield0.63 (2.37%)
Ex-Dividend Date2019-03-14
1y Target Est27.82
  • Blackstone Nears Deal for CRH Europe Distribution Arm
    Bloomberg5 days ago

    Blackstone Nears Deal for CRH Europe Distribution Arm

    (Bloomberg) -- CRH Plc, which counts activist investor Cevian Capital as an investor, agreed to sell its European plumbing and heating distribution business to Blackstone Group Inc. for 1.64 billion euros ($1.9 billion) in cash to create a more focused building-materials group.The business supplying professional builders and home renovators generated sales of 3.7 billion euros and earnings of 155 million euros last year, Dublin-based CRH said in a statement on Tuesday. Bloomberg reported late Monday a deal with the U.S. private equity firm was imminent.The sale marks CRH’s exit from distribution as Chief Executive Officer Albert Manifold steers the company toward higher growth markets including cement. As part of a more sweeping overhaul to generate cash for acquisitions, the CEO spent the “last several months” exploring options for the business, concluding that a sale would generate the most value for shareholders, according to the company.Blackstone beat out other bidders, including Bain Capital and Lone Star Funds, according to people with knowledge of the matter. The distribution business also sells products such as roof tiles and flooring.Shares of CRH gained 0.8% to 29.74 euros as of 8:13 a.m. in Dublin. The transaction will be “well received given the clean sale and the attractive price,” Davy analyst Robert Gardiner wrote in an investor note.(Updates with analyst and share price in last paragraph.)\--With assistance from Jan-Henrik Förster and Dinesh Nair.To contact the reporters on this story: Aaron Kirchfeld in London at akirchfeld@bloomberg.net;Sarah Syed in London at ssyed35@bloomberg.net;Andrew Noël in London at anoel@bloomberg.netTo contact the editors responsible for this story: Aaron Kirchfeld at akirchfeld@bloomberg.net, Tara PatelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters5 days ago

    UPDATE 2-CRH to exit distribution business in $1.9 bln Blackstone deal

    Irish building materials supplier CRH is selling its underperforming European distribution unit to Blackstone-backed private equity funds for 1.64 billion euros ($1.85 billion), including net debt. With the sale, the Dublin-based company, which provides cement, asphalt and other building materials, would completely exit the distribution business as it tries to improve core profit margins.

  • ACCESSWIRE5 days ago

    CRH Announces Divestment of Europe Distribution

    DUBLIN, IRELAND / ACCESSWIRE / July 16, 2019 / CRH plc, the global building materials group, announces that it has reached agreement to divest of its Europe Distribution business (the "Business") to private equity funds managed by Blackstone for an Enterprise Value of €1.64 billion* payable in cash. The Business comprises CRH's entire General Builders Merchants business in Europe, including its Sanitary Heating and Plumbing business. It supplies building materials to professional builders, specialist contractors and DIY customers through a network of local and regional brands across 6 countries in Western Europe.

  • ACCESSWIRE26 days ago

    CRH PLC Announces Board Change

    Board Change DUBLIN / ACCESSWIRE / June 25, 2019 / CRH plc, the global building materials group, announces that Mr. Bill Teuber has advised the Company of his intention to resign from the CRH Board with ...

  • ACCESSWIRE3 months ago

    CRH Continues Share Buyback Programme

    DUBLIN, IRELAND / ACCESSWIRE / April 29, 2019 / CRH Continues Share Buyback Programme. As part of its Trading Update on 24 April 2019, CRH plc announced its intention to continue its share buyback programme ...

  • ACCESSWIRE3 months ago

    CRH PLC Announces Trading Update - April 2019

    DUBLIN / ACCESSWIRE / April 24, 2019 / CRH plc, the global building materials group, issues the following Trading Update for the period 1 January 2019 to 31 March 2019 in advance of its Annual General Meeting (AGM) which takes place tomorrow at 11.00am in Dublin. As previously announced, the Group was reorganised into three Divisions effective 1 January 2019: Americas Materials, Europe Materials and Building Products. Sales growth was also supported by pricing progress across all major product lines.

  • ACCESSWIRE4 months ago

    CRH Completes Phase 4 of Share Buyback Programme

    DUBLIN / ACCESSWIRE / April 2, 2019 / CRH plc, the global building materials group, is pleased to announce that it has completed the fourth phase of its share buyback programme, returning a further €200 ...

  • ACCESSWIRE4 months ago

    CRH PLC Announces 2018 Annual Report and Form 20-F

    DUBLIN / ACCESSWIRE / March 8, 2019 / CRH plc (the "Company") (LSE: CRH, ISE: CRG, NYSE: CRH): 2018 Annual Report and Form 20-F, Notice of Annual General Meeting and Form of Proxy (the 'Documents') ...

  • ACCESSWIRE5 months ago

    CRH PLC Announces 2018 Full Year Results

    DUBLIN / ACCESSWIRE / February 28, 2019 / CRH PLC (LSE: CRH) Key Points · Record EBITDA 1 delivery at €3.37 billion · Continued profit growth and margin improvement amid weather disruption and an inflationary ...

  • ACCESSWIRE5 months ago

    Board Change

    DUBLIN / ACCESSWIRE / February 28, 2019 / CRH plc announces that, having completed two terms of three years as a Director, Don McGovern will step down from the Board at the conclusion of the Annual General ...

  • ACCESSWIRE7 months ago

    CRH PLC Announces Update to Share Buyback Programme

    DUBLIN / ACCESSWIRE / December 28, 2018 / On 25 April 2018, CRH plc (CRH) (CRH.L) announced its intention to repurchase ordinary shares of up to €1 billion over the next 12 months. CRH is pleased to announce that it has completed the third phase of its share buyback programme, returning a further €100 million of cash to shareholders (the "Phase 3 Programme"). Between 27 November 2018 and 21 December 2018, 4.1 million ordinary shares were repurchased on the London Stock Exchange.

  • The Market Is Wrong on CRH
    GuruFocus.com7 months ago

    The Market Is Wrong on CRH

    With CRH PLC (CRH) it's making a big mistake by continuing to discount the stock. CRH is an Irish manufacturer and distributor of a broad range building materials products and while construction materials remain a fundamental building blocks of our society, CRH is likely to continue growing, despite the short-term hiccup. Warning! GuruFocus has detected 2 Warning Sign with CRH.

  • ACCESSWIRE8 months ago

    CRH PLC Announces Update to Phase 3 of Share Buyback Programme

    Update to Phase 3 of Share Buyback Programme DUBLIN, IRELAND / ACCESSWIRE / November 27, 2018 / On 25 April 2018, CRH plc (NYSE: CRH) (LSE: CRH) announced its intention to repurchase ordinary shares of ...

  • ACCESSWIRE8 months ago

    CRH PLC Announces Trading Update November 2018

    DUBLIN, IRELAND / ACCESSWIRE / November 20, 2018 / CRH plc, the global building materials group, issues the following Trading Update for the period 1 January 2018 to 30 September 2018. Momentum remained positive in Europe, while demand improved in Asia.

  • ACCESSWIRE8 months ago

    CRH Commences Phase 3 of Share Buyback Programme

    DUBLIN, IRELAND / ACCESSWIRE / November 20, 2018 / On 25 April 2018, CRH plc (CRH.L) (CRH) announced its intention to repurchase ordinary shares of up to €1 billion over the next 12 months. Having already completed the first and second phases of its share buyback programme, under which approximately €700 million of cash was returned to shareholders, CRH today announces the next phase of the programme, a discretionary programme to repurchase ordinary shares for a maximum consideration of €100 million (the "Phase 3 Programme"). Under the terms of the Phase 3 Programme, ordinary shares will be repurchased on the London Stock Exchange within certain pre-set parameters.

  • ACCESSWIRE9 months ago

    CRH Completes Phase 2 of Share Buyback Programme

    DUBLIN, IRELAND / ACCESSWIRE / October 22, 2018 / CRH plc, the global building materials group, is pleased to announce that it has completed the second phase of its share buyback programme, returning a ...

  • ACCESSWIRE10 months ago

    CRH Announces Non-Executive Board Appointments

    DUBLIN, IRELAND / ACCESSWIRE / October 1, 2018 / CRH plc is pleased to announce the appointment to the Board of Ms. Mary Rhinehart (60) and Ms. Siobhan Talbot (54) as non-executive Directors. Ms. Rhinehart ...

  • Interested In CRH plc (ISE:CRG)’s Upcoming €0.20 Dividend? You Have 2 Days Left
    Simply Wall St.11 months ago

    Interested In CRH plc (ISE:CRG)’s Upcoming €0.20 Dividend? You Have 2 Days Left

    On the 26 September 2018, CRH plc (ISE:CRG) will be paying shareholders an upcoming dividend amount of €0.20 per share. However, investors must have bought the company’s stock before 06Read More...

  • ACCESSWIRE11 months ago

    CRH PLC Announces CRH Commences Phase 2 of Share Buyback Programme

    DUBLIN, IRELAND / ACCESSWIRE / August 29, 2018 / On 25 April 2018, CRH plc (CRH.L) (CRH) announced its intention to repurchase ordinary shares of up to €1 billion over the next 12 months. Having completed the first phase of its share buyback programme on 31 July 2018, under which €350 million of cash was returned to shareholders, CRH today announces that it has entered into arrangements with UBS A.G., London Branch ("UBS") to repurchase ordinary shares on CRH's behalf for a maximum consideration of €350 million (the "Phase 2 Programme"). Under the terms of the Phase 2 Programme, ordinary shares will be repurchased on the London Stock Exchange and/or Euronext Dublin.

  • Calculating The Fair Value Of CRH plc (ISE:CRG)
    Simply Wall St.11 months ago

    Calculating The Fair Value Of CRH plc (ISE:CRG)

    How far off is CRH plc (ISE:CRG) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairlyRead More...