Australia's Brickworks slumps on impairment charge due to poor North America operations
11/03/2025 24:20
March 11 (Reuters) - Shares of Australia's Brickworks BKW.AX tumbled on Tuesday after the firm expects to report an A$55 million ($34.54 million) impairment charge at its interim results, citing a revenue hit at its North America operations. The stock fell as much as 10.5% to A$22.92, hitting its lowest since September 28, 2023. ($1 = 1.5924 Australian dollars) (Reporting by Nikita Maria Jino in Bengaluru; Editing by Alan Barona) ((Nikita.Jino@thomsonreuters.com))
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