JHX james hardie industries plc

Feb 5 (Reuters) - Australia's James Hardie Industries Plc (JHX)...

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    Feb 5 (Reuters) - Australia's James Hardie Industries Plc (JHX) reported a 10 percent drop in third-quarter profit on Tuesday, as a soft U.S. housing market dealt a blow to sales of the world's biggest fibre cement maker.

    The company, whose U.S. cement sales accounts for a majority of total sales, said adjusted net operating profit fell to $65.9 million for the quarter, from $72.9 million a year earlier.

    In November last year, the company had cut its full-year earnings guidance, citing uncertainty over the future of the U.S. home building boom which had long propelled its profits.

 
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