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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.


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Post by monty613on Nov 13, 2020 8:51am
851 Views
Post# 31893947

Conference Call Highlights

Conference Call HighlightsAnesthesia - all facilities are open and operational. Early Q3 was impacted due to closures. By August they were operating at full volumes and continue to be. Outpatient care and ASCs have been able to process high volumes of patients still while adhering to safety protocols. Optimistic that they could deal with COVID disruptions and they don't expect a March/April type shut down again.

O'Regan Product Sales - they view this product as best in class and are still touting that given the market size this segment could represent over $100MM in Sales Revenues for CRH. New initiatives underway for marketing to GI medical community. 

Payor Strategy - non contracted case mix trending towards single digit % of Sales

Revenue per Case - no guidance being provided given COVID disruptions but they are happy with the trend

Capital Spend - $19MM spent to date on acquisitions, may not reach 2019 levels given COVID disruptions

CMS Changes - number of proposed changes to procedure fees and primary care fees in 2021 across all medical professions, too early to tell

Acquisiton Pipeline - the pipeline remains active and robust, good dialog and in late stages of several deals



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