Professional
Added to YB: 2024-08-09
Pitch date: 2024-07-31
CRH [bullish]
CRH plc
+50.28%
current return
Author Info
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Company Info
CRH plc, together with its subsidiaries, provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.
Market Cap
$83.9B
Pitch Price
$84.11
Price Target
N/A
Dividend
1.18%
EV/EBITDA
13.08
P/E
25.00
EV/Sales
2.75
Sector
Construction Materials
Category
turnaround
Show full summary:
L1 Capital Long Short Fund – Monthly Class Portfolio Holding: CRH plc
CRH +14% on peer updates & cyclical rotation. Q2 hit by weather, but temporary. Strong US growth from $2T infrastructure spending (IIJA, IRA, Chips Act). Added to position in June sell-off. Expect consistent double-digit earnings growth medium-term. Exposed to robust US demand for years.
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