Australia's James Hardie to pay special div on Q3 profit rise

Fri, 28 Feb - 8:26am

SYDNEY, Feb 28 (Reuters) - James Hardie Industries Plc

, the world's biggest fibre cement company, said on Friday it would pay a special dividend to investors as it booked a 64 percent rise in third-quarter profit thanks to higher sales volumes and prices globally.

Dual Australia and U.S.-listed James Hardie said net operating profit of $43.7 million for the three months to December 31 compared with $26.7 million the previous year.

Net operating profit excludes charges for asbestos liability, asset impairments and regulatory charges.

(Reporting by Byron Kaye)

((byron.kaye@thomsonreuters.com)(+612 9373 1815))

Keywords: AUSTRALIA JAMESHARDIE/EARNINGS

URN: 
urn:newsml:reuters.com:20140227:nL3N0LW5U8:2
Topics: 
NZ HBLD CMPNY INDS MINE RTRS MIN RESF BMAT COMA COEN US CYCP RES AU CYCS CONS CON ASIA LEN BACT DIV BLD ISER AMERS

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