Nov 26 (Reuters) - CRH PLC CRH.I conference call with
analysts:
* CRH CEO ON CAPITAL ALLOCATION, WOULD EXPECT TO CONTINUE
WITH
MORE OF THE SAME IN 2020
* CRH CEO SAYS LOTS OF ACQUISITION OPPORTUNITIES OUT THERE
IN THE
U.S., STILL BEDDING DOWN RECENT DEALS
* CRH CEO SAYS DOES NOT WANT DISTRACTION OF TAKING ON MANY
BIG
DEALS RIGHT NOW, BUT WILL NEVER SAY NEVER
* CRH CEO SEES UK MARKET BOTTOMING OUT AT VERY LOW ACTIVITY
LEVELS, WELL POSITIONED TO DELIVER ON LARGE INFRASTRUCTURE
PROJECTS
* CRH CEO SAYS CAN TAKE IT THAT DISPOSALS OF UNDERPERFORMING
BUSINESSES IS AN EMBEDDED PART OF GROUP STRATEGY
* CRH CEO SAYS HAS A POSITIVE OUTLOOK ON CURRENT US
CONSTRUCTION
CYCLE
* CRH CEO SAYS IF UK STRIPPED OUT OF EUROPEAN NUMBERS,
MARGIN
WOULD IMPROVE TO +40 BPS FROM -40 BPS
Further company coverage: CRH.I