The industrial conglomerate controlled by the billionaire Stokes family will deliver its shareholders a bumper payout after a significant rise in profits at its newly privatised building materials business, Boral.
SGH acquired Boral in July, adding it to a portfolio of businesses, which includes Caterpillar retailer WesTrac, industrial hire company Coates Hire and stakes in gas producer Beach Energy and Seven West Media.
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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
