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News USG Boral’s earnings dip following slowdown in South Korea

USG Boral’s earnings dip following slowdown in South Korea

Written by Global Gypsum staff
27 February 2019
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Australia: USG Boral’s earnings fell in the first half of its financial year due to a slowdown in South Korea. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 16% year-on-year to US$89.3m in the half-year to 31 December 2018 from US$107m in the same period in 2017. Its revenue grew by 2% to US$594m from US$583m. This was attributed to sales volumes growth in Australia, Indonesia, Vietnam and India.

Last modified on 28 February 2019
Published in Global Gypsum News
Tagged under
  • Australia
  • USG Boral
  • Results
  • South Korea
  • Indonesia
  • Vietnam
  • India
  • GGM42

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