Australia: Boral Australia’s external revenue for its cement business remained flat at US$240m in the company’s financial year, which ended on 30 June 2017. The company said that its external revenues were steady, underpinned by a 2% price increase and lower wholesale volumes to support higher volumes of cement sold internally. Total sales volumes of cement rose by 2%. Its cement businesses earnings grew supported by price and volume gains as well as productivity and material input cost benefits, partially offset by higher energy costs. Overall, the division’s total revenue rose by 1% year-on-year to US$2.61bn from US$2.60bn.
Boral Australia’s cement business revenue stays flat in 2017 financial year
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