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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 Compounder2000on Nov 12, 2020 10:27pm
137 Views
Post# 31892761

RE:RE:Earnings

RE:RE:EarningsOn a 'same store' basis (i.e. excluding volume from new acquisitions), cases declined only 8.6% vs. a year ago.... that means business has recovered to levels >90% of pre-covid levels, consistent with what the ceo said in august.  very resilient results!

i see cash flow looks strong...don't quite understand the quarter-to-quarter movements in payments to non-controlling interests.  anasthesia revenue flat from a year ago but costs ticked up.... assume this is because the new acquisitions propped up revenue (otherwise down on same-store basis) while the acquisitions meant taking on the associated costs.

cost per case about the same as a year ago...good.

anything else to note? stock shouldn't be down this much year to date.  might be a good time for a small PE shop to make an offer. :)
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