An update from Brickworks Ltd ( (AU:BKW) ) is now available.
Brickworks Limited reported a substantial improvement in its financial performance for the half-year ended January 31, 2025, despite a slight decline in revenue. The company achieved a 141% increase in statutory net profit after tax to $21 million and a 308% rise in underlying net profit before significant items to $76 million. The results were driven by strong property earnings and a notable increase in operating cash flow, although the North American building products segment faced challenges. The interim dividend was increased by 4% to 25 cents per share, reflecting the company’s robust financial position.
More about Brickworks Ltd
Brickworks Limited operates in the building materials industry, primarily focusing on the production and distribution of building products. The company has a significant presence in both Australia and North America, with a diversified portfolio that includes property investments and development.
YTD Price Performance: -9.95%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.31B
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