Brickworks and Soul Patts: Result 2015

The building boom has finally made its way to Brickworks. Is it too late to buy?

The construction boom is finally being reflected in Brickworks’ financials with the business reporting a 19% increase in underlying net profit for the full year to $120m.

With construction levels near record highs, the building materials business was particularly buoyant, generating a 25% lift in EBIT to $56m while profit from Brickworks share of Washington H. Soul Pattinson rose 23% to $55m.

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