MARKET MOVES
Rise in price of concrete to boost earnings for Boral
BUILDING products group Boral's earnings before interest and tax could increase by between $60 million and $70m if it pushes ahead with a concrete price increase of $10-$12 per cubic metre, according to Goldman Sachs. Concrete is the biggest...
MARKET MOVES
Masco reports wider loss in 1st quarter
Masco Corp. said its loss widened in the first quarter, as the manufacturer of home improvement and building products saw sales soften amid lingering weakness in new home construction and remodeling. The company reported a loss of $46 million,...
MARKET MOVES
The BESIX Group ends 2010 with best positive results ever
In spite of a decline in turnover of 6.5% compared to 2009, amounting to EUR 1.8 billion, BESIX Group net result culminates at EUR 83 mio, 23% higher than the 2009 result (EURO 67,3mio) In spite...
MARKET MOVES
Wolseley plc announced Results for the half year to 31 January 2011
Ian Meakins, Chief Executive commented, “This was a good first half performance, driven principally by resilient RMI markets and the considerable attention that we have paid to improving customer service, protecting gross margins and controlling costs. ...
MARKET MOVES
Persimmon sees spring sales boost
Housebuilder’s interim management statement says order book has now returned to 2010 levels. Housebuilder Persimmon has seen a pick up in reservations since the beginning of the year and now has an order book a similar size to this...
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