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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

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Post by WINDGOD46on Mar 14, 2019 12:37pm
155 Views
Post# 29486033

On the other hand

On the other handAnd to be fair and give credit to where it's due, the company is trying hard to right the wrongs that beset it. They increased revenues and the number of cases treated increased substantially. It is what they call "organic growth". The case revenues though decreased to $341 from 350+ due to the fact that they had to sign long term contracts with the commercial payors. And since the company is a price taker and not a price maker, they don't set the prices for the procedures, in other words, the only avenue out is to gain market share, a long term prospect, and increase VOLUME. Volume will save this company and make it profitable. And it's the only way to offset any future cuts by CMS. Eventually the company wlll succeed if it follows this path. But the path is going to be a long one. Don't expect any quick solutions to this problems; and if you have the stamina for the long haul, stay with the company; it will be a winner at the end, but the end is not yet visible.
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