Fibre cement maker James Hardie's second-quarter profit falls 2%

James Hardie Industries

17/11/2025 21:48

Nov 18 (Reuters) - Fibre cement maker James Hardie JHX.AX reported a 2% drop in its second-quarter profit on Tuesday, as weak single-family construction and ongoing inventory reductions in North America deepened demand pressures in a tough macroeconomic backdrop.

The Dublin-headquartered firm reported adjusted net income of $154 million for the three months ended September 30, compared with $157 million last year.

That beat the Visible Alpha consensus estimate of $144.2 million.

 (Reporting by Rajasik Mukherjee and Adwitiya Srivastava in Bengaluru)

 ((Adwitiya.Srivastava@thomsonreuters.com;))