Nov 9 (Reuters) - James Hardie Industries (JHX) on Tuesday raised its fiscal 2022 earnings forecast for a second time this year as it counts on strong demand for its fibre cement products from a booming U.S. housing market.
The world's largest fibre cement maker now expects full-year adjusted net operating profit to be between $580 million and $600 million, up from its previous forecast of $550 million and $590 million.
The Dublin-based firm also posted a 38% jump in its first-half adjusted net operating profit, which came in at $289.1 million. (https://bit.ly/3BWouAm)
News: JHX James Hardie lifts fiscal 2022 profit forecast
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$30.14 |
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Mkt cap ! $12.96B | |||
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