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April 18, 2015 8:25 AM ET

Construction Materials

Company Overview of Boral Industries, Inc.

Company Overview

Boral Industries, Inc. manufactures and supplies construction materials in the United States. It offers clay bricks and pavers, clay tiles, cement additives, fly ash, limestone, sand and gravel, concrete roof tiles, and coal combustion products. The company offers its products through a network of direct selling locations, as well as a network of independent distributors. The company was incorporated in 1978 and is based in Roswell, Georgia with operating and distribution sites across the United States. Boral Industries, Inc. operates as a subsidiary of Boral Ltd.

200 Mansell Center East

Suite 310

Roswell, GA 30076-4856

United States

Founded in 1978

Phone:

770-645-4500

Fax:

770-645-2888

Key Executives for Boral Industries, Inc.

Chief Executive Officer and President
Chief Financial Officer
Age: 48
Chief Executive of Boral Limited
Age: 55
Vice-President
Compensation as of Fiscal Year 2014.

Boral Industries, Inc. Key Developments

Boral USA Reports Earnings Results for the Half Year Ended December 31, 2014; Provides Earnings Guidance for the Fourth Quarter and Fiscal 2015

Boral USA reported earnings results for the half year of 2014. For the period, the company delivered a positive AUD 12 million of EBITDA. The EBIT loss of AUD 8 million from the USA was a significant AUD 22 million step change improvement in first-half EBIT. This result not only reflects the ongoing recovery in activity, but also the benefits delivered from business improvement initiatives undertaken late last year. Revenue was AUD 396 million against AUD 335 million a year ago. The business benefited from increased US housing construction activity, albeit at a slower rate than originally anticipated. The improved result in EBIT was underpinned by stronger earnings in all businesses driven by significant volume and solid price gains; improved production volume leverage; and savings of over AUD 6 million as a result of the headcount reduction and consolidation activities undertaken in June 2014. For fiscal 2015, the company expects to eliminate losses and deliver a broadly break-even result assuming a typically stronger fourth quarter.

Boral USA Reports Earnings Results for the Year Ended June 30, 2014

Boral USA reported earnings results for the year ended June 30, 2014. For the year, the company reported revenue of AUD 681 million against AUD 555 million a year ago. EBITDA was AUD 3 million against EBITDA loss of AUD 22 million a year ago. LBIT was AUD 39 million against AUD 64 million a year ago.

Boral USA Announces Earnings Results for the Half Year Ended December 31, 2013

Boral USA announced earnings results for the half year ended December 31, 2013. For the period, the company announced revenue of AUD 335 million compared to AUD 266 million a year ago. LBITDA was AUD 8 million compared to AUD 17 million a year ago. LBIT was AUD 30 million compared to AUD 39 million a year ago. Operating loss was AUD 29.6 million compared to AUD 38.4 million a year ago. EBIT and revenue growth was driven by improvement in Oklahoma concrete and sand operations sold in June 2013.

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