Adelaide Brighton issues profit warning for 2019

Print this page

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.

Last modified on 15 May 2019

URL: https://globalcement.com/news/item/9245-adelaide-brighton-issues-profit-warning-for-2019

© 2021 Pro Global Media Ltd. All rights reserved.