Aug 8 (Reuters) - James Hardie Industries Plc (JHX)
- Qtrly net profit attributable to shareholders US$57.4 million versus US$87.1 million
- Qtrly net sales of US$507.7 million, an increase of 6% compared to pcp
- "We expect to see steady growth in us housing market in fiscal year 2018"
- "Expect our North America fiber cement segment EBIT margin to be in our stated target range of 20% to 25% for fiscal year 2018"
- Growth in New Zealand business is expected into fiscal year 2018
- Notes range of analysts' forecasts for net operating profit excluding asbestos in FY2018 is between US$248 million and US$297 million
- Management expects full year adjusted net operating profit to be between US$240 million and US$280 million
- "Company expects new construction starts between approximately 1.2 and 1.3 million" in FY18
- "Cautions that although US housing activity has been improving, market conditions remain somewhat uncertain"
News: JHX James Hardie Industries says qtrly net profit attributable US$57.4 million versus US$87.1...
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