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Australia's James Hardie to pay special div on Q3 profit rise
February 27, 2014 / 10:27 PM / 4 years ago

Australia's James Hardie to pay special div on Q3 profit rise

SYDNEY, Feb 28 (Reuters) - James Hardie Industries Plc , the world’s biggest fibre cement company, said on Friday it would pay a special dividend to investors as it booked a 64 percent rise in third-quarter profit thanks to higher sales volumes and prices globally.

Dual Australia and U.S.-listed James Hardie said net operating profit of $43.7 million for the three months to December 31 compared with $26.7 million the previous year.

Net operating profit excludes charges for asbestos liability, asset impairments and regulatory charges.

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