Crh Plc · NYSE:CRH
Crh — Investor Day (May 2007)
25 slides from Crh's investor day presentation, May 23, 2007
Slide 1: Europe Products & Distribution – Investor/Analyst Visit Switzerland
CRH plc Investor/Analyst Visit Switzerland 23 – 25 May, 2007 Europe Products & Distribution Máirtín Clarke Managing Director Investor/Analyst Switzerland Visit, 23- 23-25 May 2007 1
Slide 2: Agenda
Europe Products & Distribution Agenda Operations & Strategy …….. Máirtín Clarke Focus on Switzerland ……... Erik Bax Investor/Analyst Switzerland Visit, 23- 23-25 May 2007 2
Slide 3: Overview
Europe Products & Distribution Overview Prods Prods Dist Dist Total Total Sales Sales 2006 2006 €3.2Bn €3.2Bn €2.8Bn €2.8Bn €6Bn €6Bn 5-yr 5-yr Sales Sales CAGR CAGR c. c. 22% 22% Op. Op. Margin* Margin* 7.9% 7.9% 5.5% 5.5% 6.8%6.8% Countries Countries 15 15 77 17 17 Locations Locations 663 663 537
Slide 4: Organisation
Europe Products & Distribution Organisation Máirtín MáirtínClarke Clarke Managing ManagingDirector Director Peter PeterErkamp Erkamp Michael MichaelStirling Stirling Finance FinanceDirector Director Human HumanResources Resources Rudy RudyAertgeerts Aertgeerts Wayne WayneSheppard Sheppard Marc MarcS
Slide 5: Development Spend, Sales and EBIT
Europe Products & Distribution Development Development Spend, Sales and EBIT Sales EBIT/Dev Spend €m Cementbouw Halfen €m 100% Ops & JV Construction 7,000 1,200 EHL Accessories Concrete Stradal 6,000 Concrete 1,000 Jura Products Distribution Products 5,000 Ibstock Gétaz 800 Romang 4,000 Brick buyout
Slide 6: Concrete Products
Europe Products & Distribution Concrete Products Architectural Largest paving/landscaping group in Europe Landscape & infrastructure paving, patio tiles, architectural masonry, poles, vaults, channels, environmental products Structural 2nd largest producer in Europe Elements & Integrated Systems: fl
Slide 7: Concrete Products – European Leader with strong national positions
Concrete Products European Leader with strong national positions Sales Sales 2006 2006 €1.6Bn €1.6Bn 5-yr 5-yr Sales Sales CAGR CAGR c. c. 30% 30% Op. Op. Margin* Margin* c. c. 9% 9% Pavers Pavers & & Blocks Blocks 11.4m 11.4m tonnes tonnes Structural Structural 6.3m 6.3m tonnes tonnes Architectur
Slide 8: Concrete Products - Strategy (Architectural)
Concrete Products - Strategy Architectural Annualised Sales Consolidate Consolidate in in Established Established by Country & Sector Regions Regions (NL, (NL, BE, BE, FR, FR, DE, DE, UK) UK) –– UK 13% Extract France Extract synergies synergies && grow grow through through 25% Poland Denmark bol
Slide 9: Concrete Products - Strategy (Structural)
Concrete Products - Strategy Structural Annualised Sales Established Established Regions Regions (NL, (NL, BE, BE, by Country & Sector DK, DK, CH) CH) France Switz ¾ ¾ Extract Extract synergies synergies Belgium 30% Denmark ¾ ¾ Promote Promote precast precast penetration penetration 13% ¾ ¾ Deve
Slide 10: Clay Products
Europe Products & Distribution Clay Products Cladding Solutions Facing bricks & Façade solutions Structural Pavers – Landscape & infrastructure paving Roof tiles – Standard & specialised roof tiles Blocks – Structural blocks Investor/Analyst Switzerland Visit, 23- 23-25 May 2007 10
Slide 11: Clay Products – Strong regional positions
Clay Products Strong regional positions Sales Sales 2006 2006 €0.4Bn €0.4Bn 5-yr 5-yr Sales Sales CAGR CAGR c. c. 4% 4% Op. Op. Margin Margin c. c. 9% 9% Volumes Volumes 3.0m 3.0m tonnes tonnes No No 22 facing facing bricks, bricks, pavers pavers and and blocks blocks in in Europe Europe Facin
Slide 12: Clay Products Strategy
Clay Products Strategy Annualised Sales by Country & Sector Strengthen Strengthen leadership leadership positions positions in in UK 60% UK, UK, Netherlands Netherlands and and manage manage improving improving German German market market Poland Expand Expand presence presence in in fast fas
Slide 13: Building Products
Europe Products & Distribution Building Products Construction Accessories Insulation F&S, D&V, RSA Metal & plastic accessories Foam-based insulation: Fences, gates, mobile for construction EPS, XPS, XPE fencing, perimeter security PUR/PIR & access control Continuous rooflights, roof domes, roofing s
Slide 14: Building Products – Building positions in growth sectors
Building Products Building positions in growth sectors Sales Sales 2006 2006 €1.2Bn €1.2Bn 5-yr 5-yr Sales Sales CAGR CAGR c. c. 24% 24% Op. Op. Margin Margin c. c. 6% 6% Construction Construction Accessories Accessories ¾ No.1 ¾ No.1 in in Western Western Europe Europe Insulation Insulation ¾
Slide 15: Building Products – Construction Accessories
Building Products Construction Accessories Accessory Accessory products products used used in in precast precast industry industry and and on-site on-site to to improve: improve: ¾ ¾ Building Building process process efficiency efficiency (easy (easy fixing, fixing, formwork formwork accessories
Slide 16: Building Products – Insulation
Building Products Insulation Growing Growing market market driven driven by by ¾ ¾ Regulation Regulation and and environmental environmental considerations considerations ¾ ¾ Changing Changing attitudes attitudes towards towards building building energy energy efficiency efficiency ¾ ¾ Strong St
Slide 17: Building Products – Fencing & Security, Daylight & Ventilation, Roller Shutters
Building Products Fencing & Security, Daylight & Ventilation, Roller Shutters & Awnings Complementary Complementary building building products products used used to to control control and and enhance enhance the the building building environment: environment: ¾ ¾ Growing Growing markets markets
Slide 18: Building Products - Strategy
Building Products - Strategy Building positions in growth sectors Construction Construction Accessories Accessories ¾ ¾ Expand Expand our our pan-European pan-European presence presence in in this this fast-growing, fast-growing, fragmented fragmented market market Insulation Insulation ¾ ¾
Slide 19: Distribution
Europe Products & Distribution Distribution Professional Builders Merchants General heavy building materials merchants, cash & carry and roofing merchants DIY Specialist Merchants Broad consumer-oriented Ceramics & Sanitary Ware, light building materials outlets Aluminium, Ironmongery Investor/Analy
Slide 20: Distribution – sales c. €3.5Bn post Gétaz-Romang
Distribution 7 countries, sales c. €3.5Bn post Gétaz-Romang Sales Sales 2006 2006 €2.8Bn €2.8Bn 5-yr 5-yr Sales Sales CAGR CAGR c. c. 23% 23% Op. Op. Margin* Margin* 5.5% 5.5% Builders Builders Merch Merch 331 331 branches branches DIY DIY 206 206 stores stores Builders Builders Merchants Mercha
Slide 21: CRH Distribution Europe – Building a pan-European Distribution group
CRH Distribution Europe Building a pan-European Distribution group In In mature mature economies economies With With top top class class regional regional positions positions 2006 Sales €2.8Bn* Strong Strong commercial commercial focus focus on on by Country regional regional markets market
Slide 22: Distribution – Builders Merchants
Distribution Builders Merchants Netherlands: Netherlands: No.1 No.1 Switzerland Switzerland No.1 No.1 (incl (incl Gétaz Gétaz Romang) Romang) Austria: Austria: No.1 No.1 France France ¾No.2 ¾No.2 in in Ile Ile de de France France ¾No.1 ¾No.1 in in SE SE (Samse (Samse 22%/Doras 22%/Do
Slide 23: Distribution – DIY
Distribution DIY Benelux Benelux ¾ ¾ No.1 No.1 Netherlands Netherlands ¾ ¾ No.2 No.2 Belgium Belgium ¾ ¾ Member Member ofof Gamma Gamma and and Karwei Karwei franchises franchises Portugal: Portugal: No.2 No.2 (MaxMat (MaxMat 50%) 50%) 2006 Sales €0.8Bn Germany Germany by Country ¾ ¾ Mem
Slide 24: Distribution - Strategy
Distribution - Strategy Continue to build on success Builders Builders Merchants Merchants ¾ ¾ Build Build on on our our strong strong local local positions positions ¾ ¾ Expand Expand into into neighbouring neighbouring regions regions DIY DIY ¾ ¾ Continue Continue toto grow grow in in Bene
Slide 25: Conclusion
Conclusion Performance enhancement & growth to continue Emerging from difficult markets Good start to 2007, optimistic outlook Existing businesses, well positioned to capitalise on: ¾ Strong solid platforms post restructuring in early 2000’s ¾ Scale effect & leading market positions ¾ Increasi