Fibre cement maker James Hardie's quarterly profit falls 15%
ReutersFeb 18, 2025 9:10 PM
Feb 19 (Reuters) - James Hardie Industries JHX.AX, the world's leading fibre cement maker, reported a 15% fall in its third-quarter profit on Wednesday, due to headwinds in raw materials from its key North American operations.
The Dublin-based firm posted an adjusted net income of $153.6 million for the three months ended December 31, compared with $179.9 million reported in the quarter, a year ago.
That, however, beat the Visible Alpha consensus estimate of $148 million.
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