Adelaide Brighton full year earnings on track, Australia
Adelaide Brighton has confirmed it is on track to meet its 2011-12 earnings guidance, underpinned by its exposure to the resource and infrastructure sectors.
Australia
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Boral announces new CEO, Australia
Mike Kane has been appointed Chief Executive Officer and Managing Director of Boral Limited, effective 1 October 2012. Mike Kane will replace Ross Batstone who became Boral’s Ch...
FLSmidth strengthens customer services footprint in Australia
FLSmidth signed an agreement to acquire the two Australian service companies MIE Enterprises Pty Ltd. and Mayer Bulk Pty Ltd. The parties have agreed not to disclose the value o...
Mining company looks to restart Kandos operations, Australia
Mining company Kingsgate Consolidated has signed a Memorandum of Understanding with the owners of the former Kandos cement works in an attempt to revive production.
Australia: market uncertainties ahead
Challenging market conditions persist for Australia's cement sector due to weak residential and commercial activity combined with the potential impact of a new carbon tax which ...
Australia's Boral 2H profit slumps
Hit by weak housing construction in Australia and delays in big resource and road projects, top Australian building products maker Boral Ltd reported a 59 per cent fall in secon...
Australia: construction downturn has cement maker reduce profit expectations
AdBri reduced its market expectations at its full-year results presentation on Thursday, after worse than expected construction activity in the residential and non-residential s...
Adelaide Brighton sees improved outlook, Australia
Australian 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.
Boral lowers expectations, Australia
Boral has announced that it expects net profits for the year ending June 2012, to be in the region of AUD100m-110m, assuming that two property disposals are still completed this...
Boral’s chief executive steps down, Australia
The Board of Boral Limited today announced that the Chief Executive, Mr Mark Selway, will step down from his role effective immediately. He will remain in employment with the Co...