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Boral Ltd (BLD.AX)

BLD.AX on Australia Stock Exchange

5.16AUD
27 May 2019
Change (% chg)

$-0.07 (-1.34%)
Prev Close
$5.23
Open
$5.25
Day's High
$5.27
Day's Low
$5.15
Volume
4,192,404
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6,379,722
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$7.42
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$4.40

Latest Key Developments (Source: Significant Developments)

Wagners Holding Co Commences Process Disputing Validity Of Boral's Pricing Notice
Monday, 18 Mar 2019 

March 18 (Reuters) - Wagners Holding Company Ltd ::UNIT IS PARTY TO A CEMENT SUPPLY AGREEMENT WITH BORAL RESOURCES (QLD) PTY LTD AND BORAL LTD.PURSUANT TO CSA, BLD IS REQUIRED TO PURCHASE A MINIMUM VOLUME OF CEMENT FROM COMPANY ON AN ANNUAL BASIS AT A DETERMINED PRICE.HAS COMMENCED A FORMAL PROCESS DISPUTING VALIDITY OF PRICING NOTICE.POTENTIAL IMPACT OF PRICING NOTICE TO CO'S REVENUE IN EVENT SUSPENSION IS FOR MAXIMUM SIX MONTH PERIOD IS ABOUT $20MILLION.BLD ISSUED A PRICING NOTICE OFFERING A PRICE SIGNIFICANTLY LOWER THAN THAT CURRENTLY CHARGED BY CO.CO MADE ELECTION UNDER CSA TO SUSPEND SUPPLY OF CEMENT PRODUCTS TO BLD, PENDING RESOLUTION BY COURTS ON VALIDITY OF PRICING NOTICE.  Full Article

Boral Sees H1 FY19 Net Profit After Tax To Be About $200 Mln
Sunday, 3 Feb 2019 

Feb 4 (Reuters) - Boral Ltd ::FOR H1 FY2019, EXPECTS NET PROFIT AFTER TAX TO BE ABOUT $200 MILLION.EBITDA FOR FIRST HALF OF FY2019 IS EXPECTED TO BE BROADLY STEADY ON FIRST HALF OF FY2018.FIRST HALF EARNINGS HAVE BEEN IMPACTED BY VOLUME LAGS AND DELAYS TO MAJOR PROJECTS AND INFRASTRUCTURE, EXTREME RAINFALLS ON EAST COAST IN OCT.FY2019 EBITDA EXPECTED TO BE HIGHER THAN FY2018 FOR CONTINUING OPERATIONS WITH A SKEW TO SECOND HALF.FOR H1 FY19, SEES EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION TO BE ABOUT $485 MILLION.  Full Article

Boral Sells US Block Business For $156 Mln
Tuesday, 16 Oct 2018 

Oct 17 (Reuters) - Boral Ltd ::BORAL SELLS US BLOCK BUSINESS FOR US$156M.AGREED TO SELL ITS US BLOCK BUSINESS TO QUIKRETE HOLDINGS, INC. FOR US$156 MILLION.SALE IS EXPECTED TO COMPLETE AROUND MID-NOVEMBER 2018.  Full Article

Boral Ltd Says Boral Australia Expected To Deliver High Single-Digit EBITDA Growth
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Boral Ltd ::IN FY19, IN BORAL AUSTRALIA WE EXPECT TO DELIVER HIGH SINGLE-DIGIT EBITDA GROWTH OR MORE.EARNINGS FROM USG BORAL ARE EXPECTED TO GROW BY AROUND 10 PCT OR HIGHER IN FY2019.BORAL NORTH AMERICA IS EXPECTED TO INCREASE EBITDA BY AROUND 20 PCT OR MORE IN FY2019.  Full Article

Boral Signed Agreements With Mirvac In Relation To Donnybrook Property
Sunday, 27 May 2018 

May 28 (Reuters) - Boral Ltd ::SIGNED AGREEMENTS WITH MIRVAC TO INCLUDE AN ADDITIONAL 278 HECTARES OF LAND IN DEVELOPMENT ARRANGEMENTS FOR DONNYBROOK PROPERTY.BORAL NOW EXPECTS PROPERTY EARNINGS TO BE AT HIGH END OF ITS GUIDANCE RANGE OF $55-$65 MILLION OF EBITDA FOR FY2018.BORAL-EXPECTS DONNYBROOK DEAL TO CONTRIBUTE $9 MILLION EBITDA IN FY2018, ABOUT $9-$14 MILLION/YEAR OF EBITDA THROUGH TO FY2021&AGAIN BETWEEN FY2025-FY2027.FURTHER SIGNIFICANT EARNINGS ARE EXPECTED FROM FY2028 TO FY2037.  Full Article

Boral Ltd Agrees To Sell Its U.S. Concrete & Quarries Business
Thursday, 10 May 2018 

May 10 (Reuters) - Boral Ltd ::BORAL AGREES TO SELL US CONCRETE & QUARRIES BUSINESS.EXPECTS TO RECOGNISE A PRE-TAX PROFIT ON SALE OF AROUND US$45 MILLION.AGREED TO SELL ITS CONCRETE & QUARRIES BUSINESS IN DENVER, COLORADO TO BRANNAN SAND AND GRAVEL COMPANY, LLC FOR US$127 MILLION.PROCEEDS FROM SALE WILL BE USED TO REDUCE DEBT.TRANSACTION IS EXPECTED TO COMPLETE ON OR AROUND 31 MAY 2018 AND IS SUBJECT TO CUSTOMARY REGULATORY APPROVALS.  Full Article

Boral Successfully Prices US$300 Mln US Private Placement Senior, Unsecured Note Issue
Wednesday, 28 Mar 2018 

March 29 (Reuters) - Boral Ltd ::SUCCESSFULLY PRICED A US$300 MILLION US PRIVATE PLACEMENT (USPP) SENIOR, UNSECURED NOTE ISSUE.ISSUE COMPRISES TWO TRANCHES - US$225 MILLION (8 YEARS) OF FIXED RATE NOTES AND US$75 MILLION (8 YEARS) OF FLOATING RATE NOTES.PROCEEDS WILL BE KEPT IN US$ & USED, IN ADDITION TO EXISTING CASH, TO REFINANCE US$306 MILLION OF SENIOR, UNSECURED NOTES MATURING IN APRIL 2018.  Full Article

Boral Says HY Net Profit Attributable To Members Up 12.8 Pct
Monday, 12 Feb 2018 

Feb 13 (Reuters) - Boral Ltd ::HY TOTAL REVENUE $ ‍2,937.0​ MILLION VERSUS $2,092.9 MILLION.INTERIM DIVIDEND OF ‍12.5​ CENTS PER SHARE.HY NET PROFIT ATTRIBUTABLE TO MEMBERS UP 12.8% TO $173.0 MILLION.‍BORAL AUSTRALIA IS EXPECTED TO DELIVER HIGH SINGLE-DIGIT EBITDA GROWTH AND LOW DOUBLE-DIGIT EBIT GROWTH IN FY2018​.‍BORAL NORTH AMERICA IS EXPECTED TO DELIVER A SIGNIFICANTLY HIGHER EBITDA IN FY2018​.ON WAY TO EXCEED TARGETED SYNERGIES FOR FULL YEAR, WITH US$18 MILLION SYNERGY BENEFITS BANKED IN FIRST HALF, AND TO EXCEED US$100 MILLION IN FOUR YEARS.EXPECTS CONTINUED GROWTH ACROSS ALL BUSINESSES IN FY2018.  Full Article

Boral prices US$950 million of guaranteed senior notes
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - Boral Ltd :Boral prices US$950 million of guaranteed senior notes.‍Notes maturing in 2022 will have a fixed rate coupon of 3.00% and notes maturing in 2028 will have a fixed rate coupon of 3.75%​.  Full Article

Boral expects continued growth across all businesses in FY2018
Tuesday, 29 Aug 2017 

Aug 30 (Reuters) - Boral Ltd :Expects continued growth across all businesses in FY2018, including a significant lift in earnings from Boral North America.Boral Australia is expected to deliver higher ebit in fy2018.If contribution from property is included in both years, Boral Australia is expected to deliver an ebit in fy2018 broadly similar to fy2017.USG Boral earnings are expected to continue to grow in FY2018.Boral North America is expected to deliver significant growth in EBIT in FY2018.  Full Article