Boral review does not signal break-up plan: CEO
Simon EvansSenior reporter
Key Points
- Revenue($m) 2989.1, flat 0.0%
- Pre-tax profit ($m) 169.2, down 25.2
- Net profit ($m) 136.5, down 40.3%
- Interim dividend (¢) 9.5, down 26.9%
- Date dividend payable April 15
Ailing building products group Boral has started a strategic review of its operations as it searches for a new chief executive, but current boss Mike Kane said this was not a forerunner of any break-up plan.
Mr Kane said on Thursday the review was designed to give whoever became the new chief executive a head start in assessing each of the Boral businesses and their growth prospects.
Loading...
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
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Infrastructure
Fetching latest articles