Investors question CRH's strategy under new CEO regarding non-US asset sales

CRH's new CEO, Jim Mintern, is expected to continue the company's strategy of selling non-core assets, following Albert Manifold's leadership. Investors are speculating about the potential spin-off of CRH's non-US operations, particularly in Europe and Ireland. CRH's primary focus has shifted to North America, which now generates about 75% of its earnings. The company moved its stock listing to New York in 2023, abandoning its Dublin listing, reflecting this change in focus. Analysts note that while North America is currently strong, Europe may offer growth opportunities. CRH's recent acquisition in Australia and its expertise in construction could also play a role in its future strategy.