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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 PSDFinancieron Aug 25, 2020 4:51pm
198 Views
Post# 31452371

RE:PSDFinancier

RE:PSDFinancierSorry for the delayed response here. What a crazy year 2020 has been for CRHM! Company has executed to the best of their ability in what has been an abysmal economic environment. It's a shame that COVID hit the Company right as they were finally getting traction from Mr. Market in Q4 2019 and the first half of Q1 2020. 

From an operating standpoint, I have no complaints. Their FCF generation during Q2 2020 was far better than I was expecting. Hearing that they were back to 95% of pre-COVID volumes as of early August was substantially better than I expected. I'd love to see them get revenue/case back up into the low-$300s, and I think that bringing Brian Griffin onboard for their Board of Directors was a great move.

Overall, I have no complaints with the business. Yet Mr. Market refuses to give credit for their strong operations in this abysmal environment. I continue to be comfortable holding, and only wish I had been more aggressive taking advantage at the lows earlier this year. Yet the stock continues to be cheap if you believe that colonoscopies will continue to be necessary. 
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