In 2008/09, the US housing market collapsed, the Australian housing and commercial
construction markets declined significantly and Asian markets were impacted by the
global downturn. Boral's businesses delivered record cost reductions and price
increases, which helped to offset the significant impacts of volume declines and cost
increases on Boral's results.
Key financial results for 2008/09:
• Net reported profit after tax down 42% to $142 million
• Underlying profit after tax down 47% to $131 million
• Sales revenue down 6% to $4.9 billion
• EBITDA¹ down 22% to $539 million
- Australian EBITDA down from $657 million to $573 million
- USA EBITDA down from A$11 million profit to A$61 million loss
- Asia EBITDA² up from A$16 million to A$30 million
• EBITDA¹ to sales margin of 11.1%
• Underlying earnings per share down 46% to 22.2 cents
• Full year fully franked dividend of 13.0 cents
Key financial results for 2008/09:
• Net reported profit after tax down 42% to $142 million
• Underlying profit after tax down 47% to $131 million
• Sales revenue down 6% to $4.9 billion
• EBITDA¹ down 22% to $539 million
- Australian EBITDA down from $657 million to $573 million
- USA EBITDA down from A$11 million profit to A$61 million loss
- Asia EBITDA² up from A$16 million to A$30 million
• EBITDA¹ to sales margin of 11.1%
• Underlying earnings per share down 46% to 22.2 cents
• Full year fully franked dividend of 13.0 cents
1 Earnings before interest, tax, depreciation and amortisation (EBITDA) excluding significant items.
2 Includes EBITDA from construction materials in Asia and Boral's equity share of after tax and financing profits from the LBGA joint venture.
2 Includes EBITDA from construction materials in Asia and Boral's equity share of after tax and financing profits from the LBGA joint venture.
