About CRH

CRH plc (CRH) operates as a provider of building materials solutions. The company is the essential partner for transport and critical utility infrastructure projects, commercial real estate development and home construction. The company provides a range of training and development supports and resources across its business, which help the company to identify and develop talent at various levels. CRH manufactures and supplies a range of building materials, products and innovative solutions for the construction industry. From primary materials, to products that are highly engineered and high-value-added, to integrated building solutions that enable faster, more sustainable construction, CRH is uniquely positioned to address evolving trends in global construction markets. The company’s products can be found throughout the built environment in a wide range of construction projects from major public infrastructure to homes and commercial buildings. Materials, Products and Services The company manufactures and supplies a range of materials, products and services that are used extensively in a wide range of construction applications. It offers aggregates, cement and lime, asphalt, paving and construction, architectural products, infrastructure products, and construction accessories. Integrated Building Solutions The company combines and connects materials, products, and services to provide customers with complete end-to-end building solutions. It offers road and transport infrastructure solutions, water infrastructure solutions, urban construction solutions, renewable energy infrastructure, and utilities and communications infrastructure. Segments The company operates through three segments: Americas Materials, Europe Materials, and Building Products. Americas Materials CRH is the largest building materials business in North America where the company’s Americas Materials business provides solutions for the construction and RMI of public infrastructure, homes, and commercial buildings. This segment serves the needs of the construction industry across North America where positive market fundamentals, including strong population growth, drive demand for the company’s materials, products, and services. The company’s operating footprint includes attractive locations in the Northeast and Midwest where RMI activity is most resilient and the South and West where migration is driving new-build growth. CRH has built leadership positions in attractive construction markets across the U.S. and Canada. During 2022, Americas Materials completed ten solutions-focused acquisitions across the U.S. The largest of these was the acquisition of Hinkle Contracting Company, a vertically integrated materials and road solutions business in Kentucky. Europe Materials segment This segment provides solutions for the construction of public infrastructure, homes and commercial buildings to customers in construction markets across 19 countries in Europe and 2 countries in Asia. In Europe, the company’s business is structured across five operational clusters, namely UK & Ireland, Europe North, Europe West, Europe East and Asia. The company’s businesses in Western Europe operate in markets that are stable and developed with resilient demand for RMI, while in Eastern Europe, less developed markets offer higher growth potential through strong infrastructure and new-build residential activity underpinned in part by EU funding mechanisms. The company is experiencing emerging demand across both Western Europe and Eastern Europe for the company’s integrated end-to-end solutions. This segment also has responsibility for the company’s business in the Philippines, where CRH is the second largest producer of cement, and the company’s business in north-eastern China. The company has also extensively integrated its operations enabling the company to provide essential materials, value-added products and services and integrated solutions to customers on a one-stop-shop basis. The company has used this integration to establish CRH as a market leader, particularly in Eastern Europe where the company’s vertically integrated cement, aggregates and readymixed concrete have been further integrated with legacy precast and concrete product businesses enabling strong value creation through commercial excellence and performance improvement initiatives. Building Products segment This segment manufactures, supplies and delivers high quality, value-added, innovative products and solutions to shape and enhance the built environment for modern communities. This includes Architectural Products, Infrastructure Products and Construction Accessories. This segment is a global business, which operates in attractive construction markets in major economies in North America, Europe and Asia. This segment serves the growing demand across the construction value chain for building products and solutions that are innovative, high quality and value added. Many of these products can be packaged and integrated to meet increasingly complex requirements in areas, such as residential and utilities infrastructure. In the U.S., where CRH is a market leader in water infrastructure solutions, the company’s businesses collaborated with the owners of Los Angeles International Airport (LAX) to design a bespoke stormwater management solution that could capture, clean and infiltrate 45,000 cubic feet of stormwater to meet strict local stormwater quality requirements. Building Products completed ten acquisitions during 2022, mainly in the U.S. The largest acquisition was the purchase in July 2022 of Barrette Outdoor Living (Barrette), North America’s leading provider of fencing and railing solutions for the outdoor living space. Seasonality Activity in the construction industry is characterized by cyclicality and is dependent to a considerable extent on the seasonal impact of weather in CRH’s operating locations, with activity in some markets reduced significantly in winter due to inclement weather. History CRH plc was founded in 1936. The company was incorporated in 1949.

Country
Industry:
Cement, hydraulic
Founded:
1936
IPO Date:
07/02/2003
ISIN Number:
I_IE0001827041
Address:
Stonemason’s Way, Rathfarnham, Dublin, Co. Dublin, 16, Ireland
Phone Number
353 1 404 1000

Key Executives

CEO:
Manifold, Albert
CFO
Mintern, Jim
COO:
Lake, Randy