Boral, Adbright flat-lining

Building materials companies have run hard on an expected housing recovery. Investors are still waiting.

If there is a housing recovery underway in Australia, it is doing its best to avoid building material companies.

Both Boral and Adelaide Brighton are showing signs of stress as slowing revenues from resource projects have yet to be filled by growth elsewhere in the economy (see Alvin Pontoh's Housing recovery around the corner).

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