)
Business
Construction materials company Adbri – formerly known as Adelaide Brighton – has posted a net profit after tax of $29.1 million for the first half of 2020, despite declining cement revenues amid a construction downturn.
Business
Construction materials company Adelaide Brighton Limited is withdrawing its earnings guidance for 2020, citing the uncertainty in relation to the duration and impact of COVID-19.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
An Adelaide woman accused of defrauding her former employer of more than $12.4 million over eight years has faced court for the first time.
SA-based construction materials company Adelaide Brighton Ltd has reported reduced sales and a net loss after tax, telling investors a recovery in residential construction is more than a year away.
SA-based cement manufacturer Adelaide Brighton has flagged weaker annual earnings and scrapped its interim dividend, blaming lower demand for its products on a slowdown in housing and civil construction.
Adelaide Brighton chief executive Martin Brydon has signalled his intention to retire after 30 years with the building materials supplier.
