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BIZARRE: 2 - You Need To See This

CRH Achieves Strong Profit Growth Surpassing 2023 Target

CRH's strong financial performance and strategic initiatives drive growth and resilience in construction and engineering sector.

Top News

San Francisco’s Stonewall: the new year’s ball that sparked a queer power movement

In 1965, police publicly raided a sanctioned drag ball, inadvertently raising awareness of police brutality against the LGBTQ+ community

The Guardian - US

Dump the U.K. for the U.S. if you want to be worth more, major investor says

Pearson is the latest company under pressure to shift to the U.S. as London investors fight falling valuations for U.K.-listed companies.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Irish building materials giant CRH takes control of Australia's Adbri in £1.1bn deal

Adbri shares leaped 32% after the takeover off was revealed

Evening Standard

Link Group, Adbri agree to billion-dollar takeovers

Sydney-based financial services company Link Group and Adelaide-based cement company Adbri are set to leave the ASX after agreeing to takeover offers.

AAP

3 Industrial Stocks for Building Wealth in November

Rising infrastructure investments and advancements in automation and manufacturing technologies are driving growth in the industrial sector. Hence, fundamentally sound industrial stocks CRH (CRH), Holcim (HCMLY), and Owens (OC) might be ideal buys for building wealth in November. Read more….

StockNews.com

3 Building Materials Stocks to Help Build Your November Portfolio

Rising expenditure on infrastructure and housing and the growth of sustainable building practices are expected to drive the demand for building materials. Therefore, it could be wise to add fundamentally strong industrial stocks GMS Inc. (GMS), Owens Corning (OC), and CRH plc (CRH) to one’s portfolio. Read more….

StockNews.com

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India’s green hydrogen move may worsen pollution if steps are not in place, says study

India’s green hydrogen mission risks worsening pollution if proper checks not in place. CRH study finds that the mission requires 125 GW of renewable energy capacity, over and above the 500 GW already committed to under the Paris Agreement

The Hindu

It's coming home: CRH CEO says onshoring is inevitable

CRH CEO Albert Manifold on the drive to onshore the Dublin-based business.

Fortune

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

YouGov founder mulls U.S listing for explosive growth in its 'natural base'

The pollster has a big presence in the U.S., even though it's based in London.

Fortune

Should You Add These 3 Industrial Stocks to Your Portfolio This Week?

While the industrial sector has been adversely affected by macroeconomic challenges, its long-term prospects remain optimistic. So, are industrial stocks CRH (CRH), United States Lime & Minerals (USLM), and Argan (AGX) worth adding to your portfolios this week? Read on.

StockNews.com

Should you Buy into These 3 Industrial Stocks?

Continual development of industries and increased adoption of AI in manufacturing is expected to drive growth in the industrial market. While the industry outlook may seem promising, should one invest in industrial stocks CRH (CRH), Owens Corning (OC), and CEMEX (CX)? Read more to find out.

StockNews.com

3 Building Material Stocks to Buy This Summer

Driven by the surging demand for infrastructural development activities, the building materials industry is set to demonstrate remarkable resilience. Given this backdrop, building material stocks CRH plc (CRH), Heidelberg Materials (HDELY), and CEMEX, S.A.B. de C.V. (CX), with notable fundamental strength, could be solid buys this summer. Read on….

StockNews.com

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StockNews.com

The Top 3 Industrial Stocks to Buy Now

Technological advancements and the rising demand in commercial and residential markets should keep the industrial sector buoyed in the upcoming times. Therefore, quality industrial stocks Holcim Ltd (HCMLY), CRH plc (CRH), and CEMEX (CX) could be wise portfolio additions this month. Read on….

StockNews.com

3 Quality and Inexpensive Stocks Above the 100-Day Moving Average

As the interest-rate hikes by the Fed are expected to come to an end, quality stocks such as CRH plc (CRH), Engie Brasil Energia (EGIEY), and Hywin Holdings (HYW) have shown solid momentum lately and are well-positioned to keep portfolios immune to unpleasant surprises in the earning season. Continue reading….

The Guardian - UK

UK construction sector rebounds ‘as recession fears fade’; car sales jump 26% – as it happened

Encouraging economic signs as construction activity rises at fastest rate for nine months in February, and UK car market grows for seventh month running

Birmingham Post

THG's Matthew Moulding brands London Stock Exchange 'incredibly tough place' as he backs Arm's US move

In January, Rishi Sunak reportedly restarted talks with SoftBank to persuade it to list the computer chip maker in London

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The Guardian - UK

The London market needs a plan to avoid irrelevance, not endless consultations

The decision by CRH to move from the City is understandable, but the group should avoid complacency

The Guardian - UK

Blow to London Stock Exchange as big FTSE 100 firm moves to New York

Decision by CRH a set back for PM’s hope of making City a more attractive place for companies to list

Evening Standard

CRH builds its earnings even as costs are ‘challenging and volatile’

Global building materials company reports a 2% rise in interim profit of $2.2 billion

StockNews.com

5 Beaten-Down Basic Materials Stocks to Scoop Up Right Now

With the gradual resumption of construction projects that were suspended due to the COVID-19 pandemic, the demand for basic materials is increasing. And despite lingering logistical hurdles, Federal policies to boost domestic production of basic materials should drive the sector’s growth. Therefore, we think it could be wise to scoop…

StockNews.com

3 Rock-Solid Stocks to Strengthen Your Portfolio

The stock market has been volatile lately amid investors’ anticipation of Federal Reserve interest rate hikes, skyrocketing inflation, supply chain disruptions, and a war between Russia and Ukraine. However, investing in companies with strong fundamentals and impressive growth prospects could help hedge market risks. So, we think it could be…

StockNews.com

2 Oversold Building Materials Stocks to Scoop Up Now

Despite the supply shortages and higher transportation costs being caused by the Russia-Ukraine war, rising demand with the reopening of the global economy should drive the building materials industry’s growth. So, we think it could be wise to bet on oversold building materials stocks CRH (CRH) and CEMEX (CX), which…

Benzinga

CRH Reports 12% Sales Growth For FY21, Improved Margins

CRH PLC (NYSE:CRH) reported FY21 sales growth of 12.3% year-over-year to $30.98 billion, +8% on an organic basis. Sales by segments: Americas Materials $12.41 billion (+10.1% Y/Y), Europe Materials $10.58 billion (+15.7% Y/Y), and Building Products $7.99 billion (+11.4% Y/Y). The gross margin expanded by 64 bps to 33.9%. Operating profit increased by 58.4%…

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