CRH

On the road again – US gas tax receipts rebuilding rapidly

Q3 is likely to have seen softer demand trends in construction end-markets in the US. That has been well flagged, with state budgets under pressure as tax receipts dipped. However, we...

Irish economy

Budget 2021 adds €6bn (1.7% of GDP) fiscal support next year

The Budget policy measures mean that Ireland is now expected to have a deficit of 5.7% of GDP in 2021 (up from 4% pre-Budget), approximately a €6bn stimulus. The government has taken...

Providence Resources

Collecting carbon

These are very difficult times for the conventional oil and gas industry. Although its business mandate is to provide energy, it also needs to adapt to a world where carbon-based...

Malin Corporation

Spotlight now on several assets that can spur growth

While Poseida remains a key component of Malin’s portfolio, momentum is also building across a broader array of assets that are at important development junctures. Upcoming milestones...

Greencore Group

Volume growth a game of inches

The long-term effects of the pandemic on consumer purchasing patterns are still unclear. In the immediacy, addressing productivity will become table stakes in rebuilding profit in a...

DSM

When feed becomes food

Despite being DSM’s largest business, the structural growth attributes and durability of the animal nutrition (AN) model are arguably underappreciated. DSM has married a unique AN...

Applegreen

The work is worth the prize

2020 has provided clear evidence of Applegreen’s cash generative business model, exiting August with a better balance sheet than at December 2019 despite severe lockdown disruptions....

Irish homebuilders

Good outlook for Irish housing market ahead of Budget 2021

Despite the impact of the pandemic, the Irish housing market has had a surprisingly robust summer. A lack of new supply is supporting pricing, while underlying demand appears to have...

Yew Grove REIT

Updating forecasts

We are updating our forecasts for Yew Grove following the results of its EGM on September 30th and its interim results in August. As indicated at the time of its interims, we are...

Breedon Group

Back on track – share price weakness overdone

The Breedon share price is once again lost in the fog of Brexit and stock overhangs. The share is now approaching April lows despite activity recovering in recent months, the Cemex...