NewsBite

Boral lifts prices and poised to exit North Sydney HQ

Simon Evans
Simon EvansSenior reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Boral chief executive Zlatko Todorcevski says the concrete, asphalt and quarry products group is pushing through out-of-cycle price rises across Australia to combat rising inflation and soaring energy costs, and is also preparing to move out of its North Sydney office headquarters to save money.

Boral also says it has $500 million that it can deploy or return to shareholders after a string of asset sales that delivered a combined $4.1 billion, as the group shifted its focus back on to its Australian operations.

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 now

Already a subscriber?

Read More

Latest In Infrastructure

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/infrastructure/boral-hikes-prices-to-combat-soaring-inflation-20220214-p59w52