Shares of CRH (NYSE:CRH) rose 5% on Tuesday morning after the building materials giant outlined aggressive new growth plans at its Investor Day in New York.
The company, recognized as a global leader in construction materials and a dominant infrastructure provider in North America, laid out financial objectives for the 2026–2030 period. Targets include compound annual revenue growth of 7% to 9% and an adjusted EBITDA margin of 22% to 24% by the end of the decade.
Management also expects to generate robust cash, projecting annual adjusted free cash flow conversion above 100% over the five-year horizon. CRH reiterated its 2025 guidance, forecasting adjusted EBITDA of $7.5 billion to $7.7 billion.
Chief Executive Jim Mintern underscored the scale of the company’s ambitions, pointing out that CRH has around $40 billion of financial capacity available to fund expansion in the coming years.
“Our Investor Day will showcase how we are raising our ambition to 2030 to deliver the next era of growth and why we are the leading compounder of capital and shareholder value in our industry,” Mintern said.
The upbeat market response indicates that investors welcomed the targets and see CRH’s strategy as paving the way for sustained growth in the building materials sector.
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