JHX james hardie industries plc

News: JHX James Hardie Industries says FY net profit $244.4 mln

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    May 19 (Reuters) - James Hardie Industries PLC JHX.F :

    • FY net profit $244.4 million versus $291.3 million
    • Expects to see moderate growth in the US housing market in fiscal year 2017
    • FY net sales from ordinary activities $1.73 billion versus $1.66 billion
    • Says an FY 2016 second half ordinary dividend of US29.0 cents per security is payable to CUFS holders on 5 August 2016
    • Says no dividend reinvestment plan is in operation for this FY 2016 second half dividend
    • No dividend reinvestment plan is in operation for this FY 2016 second half dividend
    • Expects to see moderate growth in the US housing market in fiscal year 2017"
    • Announced a new share buyback program to acquire up to US$100.0 million of its issued capital in the twelve months through May 2017.
    • Total detached starts expected to range from 100,000 to 110,000 in calendar 2016"
    • Expects North America, Europe fiber cement segment EBIT to grow for FY 17
    • Says "the New Zealand business is expected to deliver improved results"
    • Expects EBIT margins to remain at high end of target range of 20% to 25% for FY 2017
                            
 
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Last
$42.90
Change
0.120(0.28%)
Mkt cap ! $18.44B
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$42.82 $43.13 $42.63 $72.09M 1.680M

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