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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by DaveBCNon Nov 08, 2017 3:17am
190 Views
Post# 26923141

RE:RE:RE:RE:RE:it was about time

RE:RE:RE:RE:RE:it was about timeHi PSDFinancier,

Just one mistake in your tesis. The total adjusted operating EBITDA won't be 42%.

If you use the Anesthesia service  operating expenses you will notice the expense per patient is between 223,5$ in Q1 2017, and 211,0 n Q3 2017.  Im pretty sure this cost per patient is not going to reduce.

For example, I expect the following for Q1 2018:

54.000 Anesthesia procedures
370$ rev.per procedure 
222$ cost per procedure

Anesthesia rev. 20M$
O'Reagan 2.9M$
Total Revenue 22.9M$

Adj.op.expense Anesthesia 12M$
Ad.op.expense product 1.13M$
Ad.op.expense corporate 1M$
TOTAL adj.op.expense 14.13M$

Adj.op. EBITDA 8.8M$ wich is 38.4% margin

Obviously this is the worst quarter due to season effect,  for the the full year 2018 I expect adj.op.EBITDA margin of 40.2%.


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