Australia's James Hardie falls 30% after co flags weaker earnings

James Hardie Industries

20/08/2025 01:16

** Shares of James Hardie Industries JHA1.F, JHX.AX fall as much as 30% to A$31.070, their biggest intraday pct decline

** The fiber cement maker hits lowest level since March 24, 2023

** Co issues bleak warning for its North America business and forecast 2026 earnings below market consensus

** Stock down ~34% this year, including the day's move

 (Reporting by John Biju in Bengaluru)

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