European building materials - Positive commentary on US infrastructure markets; CRH a key beneficiary

Davy Research
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The outlook for the US highway infrastructure market remains positive, according to Martin Marietta. Revenues from its Asphalt and RMC division are expected to increase by 11% in 2018. It is also positive on the potential impact of the new infrastructure plan announced by the Trump administration. CRH is the largest provider of raw materials into the US infrastructure market and will be a key beneficiary of these positive trends.