Adelaide Brighton makes new appointment
Australia’s Adelaide Brighton Ltd has announced the appointment of Emma Stein as an independent non-executive director. Ms Stein has previously held several board and senior exe...
Australia
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Adelaide Brighton achieves 1H19 revenue of AUD755.7m
Adelaide Brighton recorded 1H19 revenue of AUD755.7m (US$506.1m), down 6.3 per cent on 1H18 due to a softening of residential and construction demand. EBIT stood at AUD85.2m, pr...
Boral reports net profit of AUD486m in FY19
Boral reported net profit of AUD486m (US$325.7m) for the full year ended 30 June 2019, six per cent down on FY18. Sales revenue was steady at AUD5863m on FY18 and sales revenue ...
Wagners' annual net profit drops by 49%
Wagners in Australia has seen its annual net profit drop by 48.5 per cent to US$12.8m. The construction group blames its dispute with Boral for the poor business results. The bu...
Adelaide Brighton updates its forecast for 2019
Australia’s Adelaide Brighton has issued a profit warning for the 2019 period, stating that its underlying profit is expected to fall around 37 per cent YoY to AUD120-130m (US$8...
Southern Cross Cement plans new terminal in Brisbane
Australia’s Southern Cross Cement, a joint venture between Brickworks, Neilsen Group and Neumann Group, has announced an AUD60m (US$42.19m) investment for a new cement terminal ...
thyssenkrup Industrial Solutions opens new service centre in Australia
thyssenkrupp Industrial Solutions has opened a new service centre in Brisbane, Australia, on 14 May 2019. The new facility is ideally located to support thyssenkrupp’s customer ...
Adelaide Brighton issues profit warning for 2019
Australia's Adelaide Brighton has warned that profits for 2019 could be 10-15 per cent lower than the AUD190.1m (US$133m) recorded in 2018, due to weaker demand in residential c...
Wagners suspends cement supply to Boral
Wagners Holding Co Ltd has suspended the supply of cement to Boral Ltd for six months after Boral had issued a third-party pricing notice to Wagners under their cement supply ag...
Adelaide Brighton posts 1% fall in net profit in 2018
Australian cement producer Adelaide Brighton posted a 1.4 per cent decline in net profit to AUD185.3m (US$131.5m) in 2018 as cement margins declined and slower growth in South A...