BRIEF-CRH Says To Combine Certain European, Americas...
May 31 (Reuters) - CRH PLC:
* ANNOUNCES ORGANISATIONAL & BUSINESS IMPROVEMENT INITIATIVES
* WILL ESTABLISH NEW GLOBAL BUILDING PRODUCTS DIVISION EFFECTIVE 1 JAN 2019, BRINGING TOGETHER EUROPE LIGHTSIDE, EUROPE DISTRIBUTION AND AMERICAS PRODUCTS DIVISIONS
* TARGETING TO IMPROVE GROUP'S EBITDA MARGIN BY 300 BASIS POINTS BY 2021
* TARGETING TO HAVE EUR 7 BILLION OF FINANCIAL CAPACITY OVER NEXT 4 YEARS (AFTER CAPEX AND DIVIDENDS)
* DAVID DILLON,PRESIDENT, EUROPE LIGHTSIDE & DISTRIBUTION, WILL ASSUME NEW ROLE OF PRESIDENT, GLOBAL STRATEGY & BUSINESS DEVELOPMENT, REPORTING TO CEO Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)