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James Hardie Industries PLC (JHX.N)

JHX.N on New York Stock Exchange

15.57USD
24 Mar 2017
Change (% chg)

$0.06 (+0.39%)
Prev Close
$15.51
Open
$15.53
Day's High
$15.62
Day's Low
$15.52
Volume
1,768
Avg. Vol
2,979
52-wk High
$17.30
52-wk Low
$13.14

Latest Key Developments (Source: Significant Developments)

James Hardie Industries 9-mnth net profit up 8 pct
Thursday, 2 Feb 2017 04:46pm EST 

James Hardie Industries Plc : 9-mnth net profit US$ 232.0 million versus US$ 215.6 million . 9-mnth net sales from ordinary activities US$1.43 billion versus US$1.29 billion . An FY2017 first half ordinary dividend of US10.0 cents per security is payable to CUFS holders on 24 February 2017 . Management expects full year adjusted net operating profit to be between US$245 million and US$255 million . "We expect our North America fiber cement segment EBIT margin to be in our stated target range of 20 pct to 25 pct for fiscal year 2017" . No dividend reinvestment plan is in operation for FY2017 first half dividend .Cautions that although U.S. housing activity has been improving, market conditions remain somewhat uncertain.  Full Article

James Hardie Industries says HY net sales from ordinary activities $973.5 mln, up 11%
Wednesday, 16 Nov 2016 04:29pm EST 

James Hardie Industries Plc : Notes range of analysts’ forecasts for fy net operating profit excluding asbestos is between us$256 million and us$285 million . HY net profit attributable to shareholders $144.1 million, down 24% . HY net sales from ordinary activities $973.5 million, up 11% . An fy2017 first half ordinary dividend of us10.0 cents per security is payable to cufs holders on 24 february 2017 . No dividend reinvestment plan is in operation for the fy2017 first half dividend . Company expects to see steady growth in us housing market in fiscal year 2017 . Expect net volume growth for north america fiber cement segment to likely outpace overall market growth by mid-to-high single digits. . Expect our north america fiber cement segment ebit margin to be at the higher end of its stated target range of 20% to 25% for fiscal year 2017 .Management expects full year adjusted net operating profit to be between us$250 million and us$270 million.  Full Article

James Hardie Industries enters accelerated share repurchase agreement with Goldman Sachs Financial Markets Pty
Sunday, 4 Sep 2016 06:52pm EDT 

James Hardie Industries PLC : Accelerated share repurchase transaction . Entered into an accelerated share repurchase agreement with Goldman Sachs Financial Markets Pty Limited . Deal to repurchase 2.2 million James Hardie shares/cufs with an approximate value of USD $35 million . Says "final settlement payment under the agreement is expected to occur during the second quarter of FY 2017" .  Full Article

James Hardie Industries says qtrly net profit attributable to shareholders grew 45 pct
Thursday, 11 Aug 2016 05:30pm EDT 

James Hardie Industries PLC: Qtrly group net sales of US$477.7 million, an increase of 12% compared to pcp . "Expects to see steady growth in US housing market in fiscal year 2017" . Qtrly net profit attributable to shareholders US$87.1 million, up 45% . Expect North America fiber cement segment EBIT margin to be at higher end of stated target range of 20% to 25% for fiscal year 2017 . "Management expects full year adjusted net operating profit to be between US$260 million and US$290 million" . "Expect net volume growth for the North America fiber cement segment to likely outpace overall market growth by mid-single digits" . "Notes range of analysts' forecasts for net operating profit excluding asbestos for year ending 31 March 2017 is US$264-US$302 million" . Expect North America fiber cement segment EBIT margin to be at the higher end of its stated target range of 20% to 25% for fiscal year 2017 . "Unable to forecast comparable US GAAP financial measure due to uncertainty regarding impact of actuarial estimates on asbestos-related assets" . "Net sales from the australian business are expected to trend in line with the average growth of the domestic repair" . Cautions that although US housing activity been improving, market conditions "remain somewhat uncertain and some input costs remain volatile" .  Full Article

James Hardie Industries says FY net profit $244.4 mln
Wednesday, 18 May 2016 06:03pm EDT 

James Hardie Industries PLC : FY net profit $244.4 million versus $291.3 million . Expects to see moderate growth in the US housing market in fiscal year 2017 . FY net sales from ordinary activities $1.73 billion versus $1.66 billion . Says an FY 2016 second half ordinary dividend of US29.0 cents per security is payable to CUFS holders on 5 August 2016 . Says no dividend reinvestment plan is in operation for this FY 2016 second half dividend . No dividend reinvestment plan is in operation for this FY 2016 second half dividend . Expects to see moderate growth in the US housing market in fiscal year 2017" . Announced a new share buyback program to acquire up to US$100.0 million of its issued capital in the twelve months through May 2017. . Total detached starts expected to range from 100,000 to 110,000 in calendar 2016" . Expects North America, Europe fiber cement segment EBIT to grow for FY 17 . Says "the New Zealand business is expected to deliver improved results" . Expects EBIT margins to remain at high end of target range of 20% to 25% for FY 2017 .  Full Article

More From Around the Web

UPDATE 1-Australia's James Hardie cuts full-year guidance again

SYDNEY, Feb 3 Australia's James Hardie Industries Plc, the world No. 1 maker of fibre cement home panelling, cut its guidance as unexpectedly high production costs hit third-quarter profit, sending its shares down by the most in eight months.