Brief: Brickworks FY Revenues From Continuing Operations Up 28% To A$1.09 Billion

Brickworks

21/09/2022 02:26

Sept 21 (Reuters) - Brickworks Ltd  BKW.AX :
    * FY REVENUES FROM CONTINUING OPERATIONS A$1.09 BILLION, UP
28%
    * FY NET PROFIT ATTRIBUTABLE A$854.4 MILLION VERSUS A$239.2
MILLION
    * IN NORTH AMERICA, RISING INTEREST RATES DRIVING REDUCED
LEVEL OF
NEW HOUSING STARTS AND MORE CAUTIOUS MEDIUM-TERM OUTLOOK
    * FACING AN INCREASINGLY UNCERTAIN OUTLOOK
    * SEES LARGER WHSP TO CONTINUE TO DELIVER SUPERIOR LONG-TERM
RETURNS
    * ANTICIPATED SALE OF BALANCE OF OAKDALE EAST INTO TRUST IN
FY23
WILL SUPPORT CONTINUED GROWTH OVER MEDIUM TERM
    * DECLARED FINAL DIVIDEND OF 41 AU CENTS PER SHARE FULLY
FRANKED 
    * SEES HEALTHY PIPELINE OF WORK IN BUILDING PRODUCTS
AUSTRALIA TO
TRANSLATE TO STRONG SALES FOR AT LEAST FIRST HALF OF FY23 

Source text for Eikon:  ID:nASX5rX6Zt 
Further company coverage:  BKW.AX 

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