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May 6 2025, 07:04 IST/BST
CRH
Positive momentum underpins reaffirmed guidance
- Sectors : Building Materials
- Companies : CRH
DAVY VIEW
The reaffirmation of CRH’s full-year guidance – amidst macro uncertainty – will be well received and reflects the group’s differentiated strategy, pricing progress and contributions from M&A. While Q1 is the least significant quarter in the year, we are encouraged by underlying momentum as well as positive backlogs and bidding momentum. The stock’s valuation, in our view, ignores its structural growth potential and delivery.
