September 20, 2017 11:14 PM 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





Key Executives for Boral Industries, Inc.

Chief Executive Officer and President
Compensation as of Fiscal Year 2017.

Boral Industries, Inc. Key Developments

Boral USA Announces Unaudited Earnings Results for the First Half Year Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year 2017

Boral USA announced unaudited earnings results for the first half year ended December 31, 2016. For the first half year period, the company reported revenue of AUD 409.5 million compared to AUD 454.7 million a year ago. EBITDA was AUD 33 million compared to AUD 23 million a year ago. EBIT was AUD 13 million compared to AUD 0 million a year ago. Operating profit (exc. equity accounted income) was AUD 13.8 million against operating loss (exc. equity accounted income) of AUD 0.2 million a year ago. Profit before net financing costs and income tax expense was AUD 13.4 million compared to loss before net financing costs and income tax expense of AUD 0.2 million a year ago. The company is expected to continue to grow earnings in the fiscal year 2017 in line with the US market recovery. Earnings from the Meridian Brick JV and the emerging Trim and Siding businesses are expected to be around breakeven. Housing starts are expected to be AUD 1.25 million for fiscal year 2017, up around 10%, which is in line with the growth rate over the past 3 years.

Boral USA Opens Boral Innovation Factory

Boral USA unveiled its Boral Innovation Factory. The opening of the new 27,000-sq.-ft. facility supports the company’s commitment to disruptive innovation around durable, manmade light building products, bringing transformational solutions to market at an accelerated pace. The Boral Innovation Factory incorporates office space and analytical areas to incubate projects designed to enhance Boral’s growing businesses and long-term results, and deliver innovative customer solutions. Material science, polymer chemistry, composite products, durability testing and process development are the primary areas of focus in the U.S. The Innovation Factory’s active sister research and development center in Sydney, Australia, focuses on cementitious materials and concrete technology.

Boral USA Announces Earnings Results for the First Half of Fiscal Year 2016; Provides Earnings Guidance for the Fiscal Year 2016

Boral USA announced earnings results for the first half of fiscal year 2016. For the year the company reported revenue was AUD 512 million compared to AUD 396 million a year ago. EBITDA was AUD 33 million compared to AUD 12 million a year ago. EBIT was AUD 8 million compared to LBIT of AUD 8 million a year ago. The company is expected to report a further increase in earnings in fiscal year 2016 on the back of increased housing activity. External forecasters are projecting housing starts to increase to approximately 1.2 million starts in fiscal year 2016.

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