Boral chief executive Mike Kane said delays in big-city infrastructure projects that have triggered a profit downgrade can be blamed partly on the complexities of some of the projects that have caused a temporary dip in volume for concrete, asphalt and cement.
"We don't get paid for waiting time," Mr Kane said on a conference call on Monday morning after another disappointing downgrade by Boral.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
