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James Hardie Industries Plc (ASX:JHX)

ALERT: Price-sensitive ASX Announcement for JHX
Current share price for JHX : $39.010 -1.81 (-4.43%)+
Announcement
Release
7 Aug 2026 7:30AM
Price at Release
$40.820
Full Release
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Summary
James Hardie Industries Plc reported a significant increase in net sales for the first quarter of fiscal year 2027, amounting to $1,474.6 million, up from $899.9 million in the previous year. The company also saw an increase in net income to $104.3 million and operating income to $217.7 million. Gross profit improved to $548.7 million. The company’s contributions to the Asbestos Injuries Compensation Fund were noted, alongside a detailed report of liabilities and shareholders' equity. Key financial movements included substantial depreciation and amortization expenses, alongside share-based compensation adjustments.
Key Points
  • Net sales for Q1 FY27 were $1,474.6 million, up from $899.9 million in Q1 FY26.
  • Net income for Q1 FY27 was $104.3 million compared to $62.6 million in Q1 FY26.
  • Operating income increased to $217.7 million from $138.6 million in the previous year.
  • The company reported a gross profit of $548.7 million, an increase from $336.9 million.
  • James Hardie Industries made a contribution of A$128.2 million to the Asbestos Injuries Compensation Fund (AICF) for fiscal year 2027.
  • Total liabilities were reported as $6,952.8 million with total shareholders' equity at $6,540.6 million.
  • Asbestos-related liabilities for the company as of June 30, 2026, were $851.4 million.
  • Key financial adjustments included depreciation and amortization of $168.8 million and share-based compensation of $12.0 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.