Australia: Adelaide Brighton expects that its net profit in 2019 will fall by up to 15% year-on-year from the US$133m it reported in 2018. It forecasts that the decline will be driven by weakening demand from the residential market, increased competition from cement imports, higher competition in Queensland and rising raw material costs.
Adelaide Brighton issues profit warning for 2019
URL: https://globalcement.com/news/item/9245-adelaide-brighton-issues-profit-warning-for-2019
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