ASX-listed James Hardie shares surge on hiking annual forecast

James Hardie Industries

17/11/2025 23:35

** ASX-listed shares of James Hardie Industries JHX.AX rise 6.2% to A$27.02, heading for their best day since October 8, if gains hold

** Fibre cement maker rose as much as 8.7% earlier in the day to hit highest since November 5

** Co hikes FY adjusted EBITDA and net sales forecast for its siding and trim segment

** Posts second-quarter adjusted net income of $154 million, beating Visible Alpha estimates

** Co names Ryan Lada as CFO, succeeding Rachel Wilson; appoints Nigel Stein as chair

** Stock down ~45% this year, including the day's move

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))