Fibre cement maker James Hardie posts 7% fall in third-quarter profit
10/02/2026 21:21
Feb 11 (Reuters) - James Hardie Industries JHX.AX posted a 7% drop in profit for the third quarter on Wednesday, hurt by lower organic sales at its key North America market as rising cost pressures continued to weaken housing demand. The Dublin-headquartered firm, among the world's leading fibre cement makers, reported adjusted net income of $142.2 million for the three months ended December 31, compared with $153.6 million a year earlier. It, however, beat the Visible Alpha estimate of $130.1 million. (Reporting by Nikita Maria Jino and Shruti Agarwal in Bengaluru; Editing by Krishna Chandra Eluri) ((Shruti.Agarwal@thomsonreuters.com;))
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