Crh Plc · NYSE:CRH
Crh — Investor Day (October 2005)
10 slides from Crh's investor day presentation, Oct 10, 2005
Slide 1: Americas Products & Distribution
Americas Products & Distribution Joe McCullough CEO Investor / Analyst Visit, October 2005 1 o
Slide 2: Today's Agenda
Today’s Agenda z Monday, October 10th ÎPresentations 07:40 Products & Distribution Overview Joe McCullough 08:00 Oldcastle Glass Ted Hathaway 08:20 Oldcastle Precast Jim Schack 08:40 Oldcastle APG Doug Black 09:00 Q&A … to close at 09:30 ÎSite Visits 10:45 Glass Operation in Moorestown, NJ 12:45 Pre
Slide 3: Americas Development History
Americas Development History First Firststep stepeast east Major MajorGlass Glass Entered EnteredSouth South Americas Americas of Mississippi of Mississippi acquisition acquisition America Americavia via re-organized re-organizedinto into (Callanan) (Callanan) (50% (50%ofofHGP) HGP) (CCN) (CCN) P&D
Slide 4: Americas P&D - Overview
Americas P&D - Overview $4.3bn $4.3bn Sales Sales(2004) (2004) 14.4% 14.4% 5-yr 5-yr SalesCAGR Sales CAGR 9% 9% Op. Op. Margin(2004) Margin (2004) 400 400 Locations Locations 44 44 US USStates States 44 Canadian CanadianProvinces Provinces 44 Countries Countries +17,800 +17,800 Employees Employees 5
Slide 5: Americas P&D - Organization
Americas P&D - Organization Chief Executive Officer Joe McCullough CFO VP Development Michael O’Driscoll David Clark Distribution Architectural Glass Precast South America CEO CEO CEO CEO CEO Michael Lynch Doug Black Ted Hathaway Jim Schack Juan Carols Girotti Product ProductGroup GroupOrganization
Slide 6: Americas P&D - Strategy
Americas P&D - Strategy Extend Maintain APG APG Geographically Geographically Maintain Precast Product && Precast Product Glass Glass Extensions Extensions Build Build Distribution New Distribution NewChannels Channels Growth Options Heritage HeritageProducts Productsinin S.
Slide 7: Product Group Strategies
Product Group Strategies • Geographical in-fill and penetration Precast • Broaden product range for growth sectors; branding for national accounts • Focus on cost efficiency / recovery • Exploit retail platform: National programs: Customer branding Architectural • Strong Regional Positions: Masonry/
Slide 8: Construction Spending
Construction Spending z Strong growth evident since ’03 Î Res staying strong, Non-res recovering, Infra steady 190 170 150 130 110 90 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Monthly Rolling Average Source: Composite index from Dodge (contract data); Base: 1996 Mo
Slide 9: Housing Sustainability
Housing Sustainability z Long-term trend favorable Î Demographics: immigration, employment growth etc. Î 20M new units over next 10 years according to Joint Center for Housing Studies z Price inflation concerns Î But most (77 out of 110) metro areas still affordable Î Price : income < 4: 1 z Long te
Slide 10: Summary
Summary z Four strategic businesses: Î sector leaders, strong management teams, compelling business propositions z S. America foothold: longer-term development z Each product group creating sustainable advantage through: Î Best in class products and service Î Superior sales / marketing / branding Î