JHX james hardie industries plc

News: JHX James Hardie Sees FY23 Adjusted Net Income Between $650 Mln And $710 Mln

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    Nov 8 (Reuters) - James Hardie Industries PLC (JHX) :

    • HY NET PROFIT ATTRIBUTABLE $330.5 MILLION VERSUS $271.5 MILLION REPORTED LAST YEAR
    • ADJUSTED NET INCOME +13% TO US$175.8 MILLION FOR Q2
    • ANNOUNCED REPLACEMENT OF ORDINARY DIVIDENDS WITH A SHARE BUYBACK PROGRAM
    • ADJUSTS FISCAL YEAR 2023 ADJUSTED NET INCOME GUIDANCE RANGE TO US$650 MILLION AND US$710 MILLION
    • HY NET SALES FROM ORDINARY ACTIVITIES $1,998.5 MILLION VERSUS $1,746.5 MILLION REPORTED LAST YEAR
    • ANNOUNCES NEW CAPITAL ALLOCATION FRAMEWORK, INCLUDING US$200 MILLION SHARE BUYBACK
    • CONFIDENT THAT WE WILL BE ABLE TO DELIVER GROWTH ABOVE MARKET AND STRONG RETURNS
    • SHARE BUYBACK PROGRAM APPROVED FOR AMOUNT UP TO US$200 MILLION FROM TODAY THROUGH 31 OCTOBER 2023
    • SEE A WEAKENED HOUSING MARKET FOR REMAINDER OF OUR FISCAL YEAR
    • IN AUSTRALIA, LABOR SHORTAGES, UNFAVORABLE WEATHER ARE CONSTRAINING HOUSING MARKET ACTIVITY DESPITE STRONG CONTRACTED BACKLOGS
    • IN NORTH AMERICA, EXPECT H2 VOLUME GROWTH TO BE BETWEEN NEGATIVE 5% AND NEGATIVE 8% VERSUS PCP
 
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Last
$30.22
Change
0.430(1.44%)
Mkt cap ! $13.03B
Open High Low Value Volume
$30.15 $30.86 $30.02 $27.00M 889.1K

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No. Vol. Price($)
28 1249 $30.21
 

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Price($) Vol. No.
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