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James Hardie Industries Plc Reports Results for Three Months Ended 30 June 2018

16 Oct 2018  |  14:24:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Q1 FY19 Results Materials

James Hardie Industries Plc provided three months ended 30 June 2018 results reporting revenue of US$651M and net profit of US$90.6M. The Company reported FY2018 second half ordinary dividend ("FY2018 second half dividend") of US30.0 cents per security was paid to CUFS holders on 3 August 2018. The Company acquired Fermacell business in Europe contributed net sales of US$86.2M. Management expects full year Adjusted net operating profit to be between US$300M and US$340M assuming, among other things, housing conditions in the United States continue to improve in line with assumed forecast of new construction starts between 1.2 and 1.3M.

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