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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

Post by WINDGOD46on Apr 23, 2020 12:58pm
160 Views
Post# 30945422

Mumbo Jumbo, confusing

Mumbo Jumbo, confusingIventuret seems CRH has become a hub of the unemployd executives these days adding to overhead without increasing the bottom line. In any case, I looked over the teleconference and I am still puzzled with the mumbo jumbo rhetoric of these officials, Could someone please put some meat on these bones so we can make some sense of this jargon? Here is what they said about the Di Novo business as a new tactic to increase business:with respect to business development, during the fourth quarter of 2019, we doubled the size of our business development team. In addition to expanding this BD team, we also expanded a variety of approaches that we can use to engage with prospective targets. We envision growing our anesthesia business now through a portfolio approach with a mix of de novo deals, coupled with more traditional capital deployment-related transactions. We view these de novos as an attractive means of development as they tend to be a cashless, sweat equity means of entry into a market. Anybody understands what a "Di Novo" deal is? Monty, what is your take? Thanks 
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