Analysis: CRH well-placed for any Trump boost

Shares up after building materials group sticks to €3 billion earnings forecast

CRH sticks to 2016 targets

Last week, shares inbuilding materials group CRH jumped by more than 10 per cent in Dublin, adding €2 billion to its value, amid speculation that the company would benefit from new US president Donald Trump’s plans to boost infrastructure spending.

Extra spending on roads, bridges is good news for CRH, as it is the number one producer of asphalt in the US.

The shares have settled down this week as attention turned back ...