Boral Limited
(ASX:BLD) has firmed its full year net profit by 5.3 per cent to reach $177 million. The construction manufacturer has advised its result was hit by $75 million worth of significant items.
However price gains and improved volumes in Boral’s US business offset volume declines across most of its Australian businesses.
CEO Ross Batstone first half earnings from its Australian business in were hit by weak building activity and delays from rainfall across the east coast.
A final fully franked dividend of 3.5 cents per share has been declared.