Companies
CRH: Move to US ‘levelled the playing field’ but index inclusion could take another year
Inclusion in US indices is likely to take further 12-18 months, the chief financial officer said at the annual general meeting on Thursday
The move to the US stock exchange has levelled the playing field for CRH, the building materials business, which is already transferring to the company’s bottom line, the chief executive has said.
Speaking to media at the company’s annual general meeting (AGM) on Thursday, Albert Manifold said he was seeing a benefit when bidding for US contracts and expected this to come further into play as the year progressed.
“The rationale behind the move was ...