Cement News tagged under: Adelaide Brighton
Adelaide Brighton sees improved outlook, Australia17 August 2012, Published under Cement NewsAustralian building materials producer Adelaide Brighton has lifted its first-half net profit by nearly 10 per cent and indicated a modest rise in annual earnings. Net profit rose in the six months to 30 June to A$67.5m (US$70.5m) from A$61.4m in the previous corresponding period. Revenue rose 8.3 per cent to A$550.3m from A$507.9m. Mark Chellew, managing director, said the company’s annual net profit could rise by as much as 4.4 per cent depending on the timing of cement sales and if ... |
Adelaide Brighton forecasts slight rise in sales, Australia17 May 2012, Published under Cement NewsAustralia-based Adelaide Brighton expects a slight improvement in sales as market challenges continue. Managing director Mark Chellew said sales of the cement products would be marginally higher in 2012 than in 2011 Demand was robust in South Australia and Western Australia due to infrastructure and mining projects, but the timing of sales to those projects would influence the company's 2012 performance, he said Adelaide Brighton made a net profit of A$148.4m in calendar 2011. |