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Stock impact report

James Hardie Announces Adjusted Net Operating Profit of US$90.2 million for Q1 Fiscal Year 2020

James Hardie Industries plc American Depositary Shares (Ireland) (JHX) 
US:NYSE Investor Relations: ir.jameshardie.com.au/jh/home.jsp
Company Research Source: Business Wire
SYDNEY--(BUSINESS WIRE)--James Hardie today announced results for the quarter ended 30 June 2019:Group Adjusted net operating profit ("NOPAT") of US$90.2 million for the quarter, an increase of 13% compared to the prior corresponding period (“pcp”);Group Adjusted EBIT of US$124.4 million for the quarter, an increase of 16% compared to pcp;Group net sales of US$656.8 million for the quarter, an increase of 1% compared to pcp;North America Fiber Cement Segment volume increased 4% for the quarter, compared to pcp;North America Fiber Cement Segment EBIT margin of 25.1% for the quarter;Asia Pacific Fiber Cement Segment EBIT margin of 23.0% for the quarter;Europe Building Products Segment Adjusted EBIT margin excluding integration costs of 10.7% for the quarter; andPayment of US$108.9 million to AICF during Q2 FY20.CEO CommentaryJames Hardie CEO Dr Jack Truong said, “Our consolidated group results reflected very good performance in all three segments, with an increase in Adjusted EBIT a Show less Read more
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