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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  CRH PLC    CRH   IE0001827041

CRH PLC (CRH)
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Delayed Quote. Delayed  - 01/23 05:35:20 pm
2770 GBp   +1.99%
01/19 CRH : Legal Notices
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2017 CRH : Director/PDMR Shareholding
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CRH : Acquisition update - Ash Grove Cement

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10/06/2017 | 08:16am CET

TIDMCRH

RNS Number : 8835S

CRH PLC

06 October 2017

Press Release

Acquisition update - Ash Grove Cement

6 October 2017

On 21 September 2017, CRH plc announced that it had reached an agreement to acquire Ash Grove Cement Company ("Ash Grove"), a leading US cement manufacturer headquartered in Overland Park, Kansas, for a total consideration of US$3.5 billion. The proposed transaction remains subject to Ash Grove shareholder and regulatory approvals.

CRH notes the announcement made by Ash Grove on 5 October 2017 and in particular that the period for obtaining Ash Grove shareholder approval has been extended.

****

For further information contact CRH plc at +353 1 404 1000

   Albert Manifold            Chief Executive 
   Senan Murphy             Finance Director 
   Frank Heisterkamp      Head of Investor Relations 

Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQLFFVVISLEIID

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Financials (€)
Sales 2017 27 583 M
EBIT 2017 2 196 M
Net income 2017 1 369 M
Debt 2017 4 558 M
Yield 2017 2,18%
P/E ratio 2017 18,80
P/E ratio 2018 15,39
EV / Sales 2017 1,11x
EV / Sales 2018 1,11x
Capitalization 25 947 M
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Technical analysis trends CRH PLC
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 35,2 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Albert Jude Manifold Chief Executive Officer, COO & Executive Director
Nicholas Hartery Chairman
Senan Murphy Group Finance Director & Executive Director
Heather Ann McSharry Independent Non-Executive Director
Donald A. McGovern Senior Independent Non-Executive Director
Sector and Competitors
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CRH PLC2.22%31 796
LAFARGEHOLCIM8.64%37 646
CRH PLC3.96%31 796
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VULCAN MATERIALS COMPANY5.19%17 593