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Boral reaffirms FY guidance

Building products maker Boral expects FY earnings to be marginally better than last year, with its largest division performing in line with expectations.

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Building products maker Boral expects full-year earnings to be marginally better than last year. (AAP)

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Source: AAP


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Building products maker Boral has reaffirmed its full-year guidance, saying performance at its largest division - construction materials and cement - has been in line with expectations.

The company had predicted, at the time of its half-year results in February, that full-year underlying earnings before interest and tax for the division would be marginally better than 2015.

Boral booked net profit for the first six months of the fiscal year of $136.6 million, up 31 per cent from the previous year.


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