Refile: Building products maker James Hardie posts jump in first-quarter profit
06/08/2026 21:53
REFILE-Building products maker James Hardie posts jump in first-quarter profit Corrects typographical error in the headline
Aug 7 (Reuters) - James Hardie JHX.AX reported a 54% rise in its first-quarter profit on Friday, helped by a return to growth in its key North American fiber cement business as elevated distributor inventories from a year earlier normalized.
The company reported adjusted net income of $209.3 million for the three months ended June 30, compared with $136.1 million a year ago. That beat LSEG-compiled analysts' average estimate of $178.3 million.
(Reporting by Shruti Agarwal and Kumar Tanishk in Bengaluru; Editing by Diti Pujara)
((Shruti.Agarwal@thomsonreuters.com
Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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