Boral Limited
(ASX:BLD) has reported a first half net loss of $25.3 million, down from a net profit of $153 million in the previous corresponding period.
The result was weighed down by $77 million worth of significant items, including impairment charges and first half restructuring and redundancy costs.
Revenue from continuing operations increased by 20.1 per cent to $2.7 billion.
Boral says conditions will remain challenging for building products in the second half, although it expects the division to benefit from cost reduction and restructuring programs.
The company will pay a fully franked dividend of five cents, slightly below its previous first half payout.
