Crh Plc · NYSE:CRH
Crh — Investor Day (October 2005)
12 slides from Crh's investor day presentation, October 2005
Slide 1: Oldcastle Distribution
Oldcastle Distribution Michael Lynch CEO Investor / Analyst Visit, October 2005 1 o
Slide 2: Overview
Overview $1.3bn $1.3bn Sales Sales(2004) (2004) 12% 12% 5-yr 5-yr SalesCAGR Sales CAGR 6.2% 6.2% Op. Op. Margin(2004) Margin (2004) 137 137 Branches Branches 28 28 USStates US States 3,000 Employees 3,000 Employees 65 65::35 35 Res/Non-res Res/Non-res 35 35::65 65 New/RMI New/RMI Investor / Analyst
Slide 3: Development History
Development History Global Global B. B. Supply Supply A&R A&R Bryant Bryant RSI RSI United United Builders Builders GPI GPI Dashco Dashco AMPAC AMPAC Supply Supply Bass Bass RME RME BSI BSI Norge Norge 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Allied Allied Arzee Arzee GW GW Kilebrew Kilebre
Slide 4: Organization
Organization CEO Michael Lynch CFO COO CIO Brian Reilly Robert Feury Jr. Jamie Kutzer West Midwest Interior Products Vice President Vice President Vice President Greg Bloom John McLaughlin Ron Pilla Atlantic 5 Regional Managers Investor / Analyst Visit, October 2005 4 o
Slide 5: Distributor to Specialist Contractor Groups
Distributor to Specialist Contractor Groups Our value proposition: z Professional sales team with extensive product knowledge z Provide credit to credit-worthy contractors z Job-site or roof-top delivery z Stock a full range of products Core Products: Roofing & Siding New Platform: Interior Products
Slide 6: Roofing & Siding
Roofing & Siding Investor / Analyst Visit, October 2005 6 o
Slide 7: Roofing & Siding
Roofing & Siding Residential ResidentialRoofing Roofing Vinyl VinylSiding Siding zzAsphalt Asphaltshingles shingles>80% >80%ofofUS USmarket market zz40% 40%ofofUS UScladding claddingmarket market zz>80% >80%US USroofing roofingspend spendisisRMI RMI zz60% 60%ofofUS USRMI RMImarket market zzAverage A
Slide 8: Interior Products
Interior Products Wallboard Acoustical Ceilings Investor / Analyst Visit, October 2005 8 o
Slide 9: Interior Products
Interior Products Gypsum GypsumWallboard Wallboard- -End EndUse Use New New RMI RMI Total Total Construction Construction U.S. Wallboard Demand Residential Residential 50% 50% 20% 20% 70% 70% Actual and Forecasted Actuals 1930 - 2004 / Forecast 2005 - 2014 Forecast = Economy.com - As Of Mar 15, 2005
Slide 10: Sustaining Good Performance
Sustaining Good Performance Distribution EBIT A margin 7% 6% 5% 4% 3% 2% 1% 0% 2000 2004 z Organization Î Professional management team, good commercial instincts - industry-best Î Recruit talent, train well, incentivize and retain Î Centralized support functions Î Central pricing department has a ma
Slide 11: Strategy
Strategy z To be a distributor to various specialist contractor groups z Build leadership positions in metropolitan areas Î Premium on service in metro areas Î Locate in high-contractor traffic environments Î Greenfield opportunistically for infill z Continue acquisitive growth strategy; exploit con
Slide 12: Compelling Business Proposition
Compelling Business Proposition Oldcastle Distribution is competing in attractive markets, with …. z …. high RMI demand underpinned by continuous roofing & siding replacement/upgrade z …. excellent growth opportunities z …. streamlined operations and a solid infrastructure z …. and a strong manageme