Boral shares surge on profit as demand holds up
Simon EvansSenior reporter
The new chief executive of building products group Boral says the nine interest rates rises by the Reserve Bank of Australia haven’t crimped demand by customers yet for cement, asphalt and gravel.
Vik Bansal, who took the helm in early October, said on Wednesday there would be more price rises to come on top of a February 1 increase for cement and concrete, as inflation persisted at worrying levels.
Loading...
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