CRH (CDI) (CRH)

Sector:

Construction and Building Materials

Index:

FTSE 100

3,980.00p
   
  • Change Today:
      27.00p
  • 52 Week High: 4,353.00
  • 52 Week Low: 2,756.50
  • Currency: UK Pounds
  • Shares Issued: 742.74m
  • Volume: 423,016
  • Market Cap: £29,561m
  • RiskGrade: 147

CRH to buy US fencing maker Barrette in $1.9bn deal

By Michele Maatouk

Date: Monday 06 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Building materials group CRH has agreed to buy North American fencing and railing solutions provider Barrette from TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) for $1.9bn.
CRH said the deal, which follows the recent divestment of its Building Envelope business, "demonstrates the continued execution of the group's strategy to create shareholder value through active portfolio management and the efficient allocation and reallocation of capital".

For the year ended 1 January 2022, Barrette reported pre-tax profit of $79m and gross assets of $1.2bn.

CRH chief executive Albert Manifold said: "Barrette is an excellent addition to CRH. Our Architectural Products business has been one of our fastest growing businesses in recent years and the acquisition of Barrette complements and enhances our existing offering of sustainable outdoor living solutions in North America."

The transaction is expected to close in the second half of the year.

At 1000 BST, the shares were up 2.5% at 3,315p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CRH (CDI) Market Data

Currency UK Pounds
Share Price 3,980.00p
Change Today 27.00p
% Change 0.68 %
52 Week High 4,353.00
52 Week Low 2,756.50
Volume 423,016
Shares Issued 742.74m
Market Cap £29,561m
RiskGrade 147

CRH (CDI) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.04% above the market average40.04% above the market average40.04% above the market average40.04% above the market average40.04% above the market average
19.05% above the sector average19.05% above the sector average19.05% above the sector average19.05% above the sector average19.05% above the sector average
Price Trend
54.86% above the market average54.86% above the market average54.86% above the market average54.86% above the market average54.86% above the market average
76.19% above the sector average76.19% above the sector average76.19% above the sector average76.19% above the sector average76.19% above the sector average
Income
19.35% below the market average19.35% below the market average19.35% below the market average19.35% below the market average19.35% below the market average
70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average
Growth
79.09% below the market average79.09% below the market average79.09% below the market average79.09% below the market average79.09% below the market average
17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average

What The Brokers Say

Strong Buy 8
Buy 9
Neutral 2
Sell 0
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CRH (CDI) Dividends

  Latest Previous
  Final Interim
Ex-Div 16-Mar-23 08-Sep-22
Paid 04-May-23 07-Oct-22
Amount 103.00¢ 24.00¢

Trades for 29-Mar-2023

Time Volume / Share Price
16:35 123,671 @ 3,980.00p
16:35 88 @ 3,980.00p
16:35 524 @ 3,980.00p
16:35 1,189 @ 3,980.00p
16:35 1,189 @ 3,980.00p

CRH (CDI) Key Personnel

Chair Richard (Richie) Boucher

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