(Reuters) - Hardie said in March it expected to hit analysts' full-year
forecasts of between $201 million and $231 million, despite a
10 percent fall in third-quarter profit due to a slowing U.S.
housing sector.
Shares in Hardie, which makes most of its revenues in North
America, closed up 2.2. percent at A$8.94 on Friday following
stronger-than-expected U.S. house sales data that signalled a
slowdown in housing may have bottomed out.
Read more at Reuters.com Market News
forecasts of between $201 million and $231 million, despite a
10 percent fall in third-quarter profit due to a slowing U.S.
housing sector.
Shares in Hardie, which makes most of its revenues in North
America, closed up 2.2. percent at A$8.94 on Friday following
stronger-than-expected U.S. house sales data that signalled a
slowdown in housing may have bottomed out.
Read more at Reuters.com Market News
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