Australia’s Boral says H1 remains tough

Australia’s Boral says H1 remains tough
30 October 2009


Australian building materials group Boral Ltd said on Wednesday market conditions in the first half of this year remained difficult, and it was keeping a lid on production to match weak demand.

Outgoing Chief Executive Rod Pearse said there were signs of a housing-led recovery in Australia in the second half of the year, but the picture was not as bright for non-dwelling approvals, which slumped in the second half of last year.
Published under Cement News