Brief: Boral Says Expects Additional Adverse Impacts To Underlying Earnings In FY22 Of About A$45 Mln

Boral

18/05/2022 02:30

May 18 (Reuters) - Boral Ltd  BLD.AX :
    * EXPECTS ADDITIONAL ADVERSE IMPACTS TO UNDERLYING EARNINGS
IN
FY2022 OF ABOUT A$45 MILLION
    * EXPECTS TRANSFORMATION PROGRAM TO DELIVER A BENEFIT OF
A$45
MILLION - A$50 MILLION IN FY2022
    * ONGOING RAINFALL IN NEW SOUTH WALES AND QUEENSLAND
CONTINUED TO
SIGNIFICANTLY IMPACT SALES VOLUMES AND LED TO ADDITIONAL COSTS
    * IMPACT COINCIDED WITH SHARP INCREASES IN ENERGY PRICES
IMPACTING
OUR PRODUCTION AND LOGISTICS COSTS
    * IMPLEMENTING ADDITIONAL MEASURES TO MITIGATE IMPACT OF
TRANSPORT
AND FUEL INFLATION

Source text for Eikon:  ID:nASX22Jl8K 
Further company coverage:  BLD.AX 

 ((Reuters.Briefs@thomsonreuters.com;))