UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, DC
20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A - 16 OR 15D - 16 OF
THE SECURITIES EXCHANGE ACT OF 1934
31 May 2018
Commission
File No. 001-32846
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CRH
public limited company
(Translation of registrant's name into English)
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Belgard Castle, Clondalkin,
Dublin 22, Ireland.
(Address of principal executive offices)
____________________________
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover of Form 20-F or Form 40-F:
Form
20-F X Form
40-F___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by
Regulation
S-T Rule 101(b)(1):_________
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by
Regulation
S-T Rule 101(b)(7):________
Enclosure:
Organisational & Business
Improvement Initiatives
This document contains inside information
Press Release
CRH Announces Organisational & Business Improvement
Initiatives
CRH plc, the global building materials group, today announces a
number of organisational and business improvement
initiatives.
Leveraging our scale
CRH will establish a new global Building Products division
effective 1 January 2019, bringing together our Europe Lightside,
Europe Distribution and Americas Products divisions. Under the
leadership of Keith Haas (currently President, Americas Products),
this new platform will operate alongside our Americas Materials and
Europe Materials divisions, leveraging our scale and network
opportunities across our global products businesses.
David Dillon (currently President, Europe Lightside &
Distribution) will assume a new role of President, Global Strategy
& Business Development, reporting to the CEO.
Absent any major dislocations in the global economy or the input
cost environment, we are targeting to improve the Group's EBITDA
margin by 300 basis points by 2021.
The Group is strongly cash generative and is targeting to have
€7 billion of financial capacity over the next 4 years (after
capex and dividends), providing significant opportunities for
further value creation for our shareholders.
We have initiated a strategic review of our Europe Distribution
business, focused on improving the margins and returns of the
business, as well as exploring other strategic
options.
Further details will be discussed by Group CEO Albert Manifold at
the Bernstein Strategic Decisions Conference in New York at 3pm EST
today. A copy of the presentation is attached
(http://www.rns-pdf.londonstockexchange.com/rns/7169P_-2018-5-30.pdf)
and available on our website,
crh.com .
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Contact CRH at Dublin 404 1000 (+353 1 404 1000)
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Albert Manifold
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Chief Executive
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Senan Murphy
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Finance Director
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Frank Heisterkamp
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Head of Investor Relations
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This document contains inside information and has been issued
pursuant to Article 2.1(b) of Commission Implementing Regulation
(EU) 2016/1055. The date and time of this statement is the same as
the date and time that it has been communicated to the
media.
Registered Office: No 12965. Registered Office: 42 Fitzwilliam
Square, Dublin 2, R02 R279, Ireland
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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CRH public limited company
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(Registrant)
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Date
31 May 2018
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By:___/s/Neil
Colgan___
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N.Colgan
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Company Secretary
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