James Hardie Reaffirms Guidance After 36% Rise in FY22 Profit
17 5월 2022 - 7:56AM
Dow Jones News
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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