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Share Name | Share Symbol | Market | Type |
---|---|---|---|
James Hardie Industries plc | ASX:JHX | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.16 | -0.31% | 50.96 | 50.75 | 51.20 | 51.17 | 50.21 | 50.68 | 1,248,536 | 07:50:00 |
By Stuart Condie
SYDNEY--Building materials supplier James Hardie Industries PLC reaffirmed its current year guidance after reporting a 36% rise in profit for the 12 months through March.
The Australia-listed firm, which reports in U.S. dollars, posted adjusted net income for its 2022 fiscal year of $620.7 million, compared with $458.0 million a year earlier. Profit rose by 75% to $459.1 million on a statutory basis.
Sales revenue rose by 24% to $3.61 billion, aided by a 25% rise in sales from North America fiber cement.
James Hardie declared a final dividend of 30 U.S. cents per security and reaffirmed fiscal 2023 guidance for adjusted net income of between $740 million and $820 million.
Write to Stuart Condie at stuart.condie@wsj.com
(END) Dow Jones Newswires
May 16, 2022 18:41 ET (22:41 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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