Boral hit by WA slowdown – Australia News

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Building products manufacturer Boral has been dented by the continued weak performance of its Western Australian operations, reporting lower underlying earnings and a $20 million asset impairment for its WA bricks business.

The ASX-listed company said the WA bricks business, which trades as Midland Brick, suffered a 26 per cent fall in volume and a five per cent fall in prices during the year to June 2017.

Restructuring of the operation resulted in a reduction of 52 positions.

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