News: BLD Boral Says Expects Additional Adverse Impacts To Underlying Earnings In FY22 Of About...

May 18 (Reuters) - Boral Ltd (BLD) :

• EXPECTS ADDITIONAL ADVERSE IMPACTS TO UNDERLYING EARNINGS IN FY2022 OF ABOUT A$45 MILLION
• EXPECTS TRANSFORMATION PROGRAM TO DELIVER A BENEFIT OF A$45 MILLION - A$50 MILLION IN FY2022
• ONGOING RAINFALL IN NEW SOUTH WALES AND QUEENSLAND CONTINUED TO SIGNIFICANTLY IMPACT SALES VOLUMES AND LED TO ADDITIONAL COSTS
• IMPACT COINCIDED WITH SHARP INCREASES IN ENERGY PRICES IMPACTING OUR PRODUCTION AND LOGISTICS COSTS
• IMPLEMENTING ADDITIONAL MEASURES TO MITIGATE IMPACT OF TRANSPORT AND FUEL INFLATION