he said.<\/a> <\/p>\n\n\n\n\u201cWe remain excited about the opportunities we have long identified for further improvement at Boral. We also welcomed a significant number of former Boral shareholders to continue participating in long-term value creation as SGH shareholders. <\/p>\n\n\n\n
Boral\u2019s revenue of $1.8 billion was marginally down for the first half partially because of lower sales volumes in residential construction and roading<\/strong>.\u00a0\u00a0<\/p>\n\n\n\nSGH identified Boral\u2019s cost control, and \u201cinternal optimisation\u201d were \u201cinstrumental\u201d in delivering the EBIT increase and managing the variable market conditions. <\/p>\n\n\n\n
Boral has started an investment programme to refresh its heavy mobile equipment fleet<\/strong>, it expects this to support production and reduce cost efficiencies. \u00a0\u00a0<\/p>\n\n\n\nSGH stated the robust infrastructure investment outlook, and a positive residential outlook supported by the National Housing Accord targets supported its outlook for Boral. <\/p>\n\n\n\n
\u201cWe continue to see solid customer demand across our core sector exposures of Industrials and Energy. The outlook for these sectors, along with our strong HY25 result, gives us confidence in our full-year earnings guidance of high single-digit EBIT growth for FY25,\u201d Stokes said. <\/p>\n\n\n\n
\u201cTogether with the leaders of our exceptional businesses, our owner\u2019s mindset underpins the productivity and performance improvement that enabled this strong result. <\/p>\n\n\n\n
\u201cI am also grateful for the efforts of the wider SGH team and their commitment to serving our customers and delivering outcomes.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
SGH Ltd (formerly Seven Group Holdings) has revealed it is \u201cexcited\u201d about the future of Boral after it released its first-half earning results. SGH\u2019s first-half results were supported by its full acquisition of Boral, which was completed last year. Its overall revenue of $5.5 billion was up two per cent, driven primarily by WesTrac, which offset … Continue reading “SGH \u2018excited\u2019 about future outlook for Boral”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,7],"tags":[],"class_list":["post-8912","post","type-post","status-publish","format-standard","hentry","category-clients","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2jK","jetpack-related-posts":[{"id":782,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/01\/20\/brick-supplier-joint-venture-to-proceed\/","url_meta":{"origin":8912,"position":0},"title":"BRICK SUPPLIER JOINT VENTURE TO PROCEED","author":"yinghui","date":"January 20, 2015","format":false,"excerpt":"A joint venture between Australia\u2019s two largest brick suppliers will proceed after getting the green light from the consumer watchdog. Boral and CSR\u2019s proposal to combine their east coast brick operations in a joint venture was first announced in April 2014. The joint venture will be 60 per cent owned\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1644,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/07\/04\/peppertree-quarry-a-generational-investment\/","url_meta":{"origin":8912,"position":1},"title":"PEPPERTREE QUARRY A \u2018GENERATIONAL INVESTMENT\u2019","author":"yinghui","date":"July 4, 2016","format":false,"excerpt":"Eight storage silos for the base materials are fed by a complex 3D maze of conveyors from multiple crushing and screening plants. 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Holcim Australia\u2019s Grantville Quarry utilises two articulated dump trucks and two front-loaders to stay on top of the competition, thanks to a partnership with Delta Rent. 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There are good signs for Australia\u2019s limestone segment, with the lime market expected to exceed $USD339.5 billion ($AUD510.8 billion) by 2027, according to a report by Coherent Market Insights. 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The miner recorded a 10 per cent increase in iron ore production for the first half of 2016 compared to last year, and an eight per cent increase for the second quarter\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8912"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8912\/revisions"}],"predecessor-version":[{"id":8913,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8912\/revisions\/8913"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}