News: JHX James Hardie Industries says HY net sales from ordinary activities $973.5 mln, up 11%

Nov 17 (Reuters) - James Hardie Industries Plc (JHX) :

• Notes range of analysts' forecasts for fy net operating profit excluding asbestos is between us$256 million and us$285 million
• HY net profit attributable to shareholders $144.1 million, down 24%
• HY net sales from ordinary activities $973.5 million, up 11%
• An fy2017 first half ordinary dividend of us10.0 cents per security is payable to cufs holders on 24 february 2017
• No dividend reinvestment plan is in operation for the fy2017 first half dividend
• Company expects to see steady growth in us housing market in fiscal year 2017
• Expect net volume growth for north america fiber cement segment to likely outpace overall market growth by mid-to-high single digits.
• Expect our north america fiber cement segment ebit margin to be at the higher end of its stated target range of 20% to 25% for fiscal year 2017
• Management expects full year adjusted net operating profit to be between us$250 million and us$270 million