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JHXCD James Hardie Industries SE

29.12
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 20 minutes
Share Name Share Symbol Market Type
James Hardie Industries SE ASX:JHXCD Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 29.12 28.00 29.25 0.00 00:00:00

James Hardie Reaffirms Guidance After 36% Rise in FY22 Profit

16/05/2022 11:56pm

Dow Jones News


James Hardie Industries (ASX:JHXCD)
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From Dec 2021 to Dec 2024

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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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