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News Boral boosts sales in first half of 2023 financial year

Boral boosts sales in first half of 2023 financial year

Written by Global Cement staff 08 February 2023
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Australia: Boral recorded sales of US$1.17bn during the first half of its 2023 financial year, up by 12% year-on-year from US$1.05bn during the first half of its 2022 financial year. Cement sales were US$128m, 11% of group sales. The producer’s net profit fell by 91% year-on-year to US$62.5m from US$715m.

During the half, Boral’s subsidiary Geelong Cement commissioned a new 0.8Mt/yr grinding unit at its 0.6Mt/yr Waurn Ponds grinding plant in Victoria. The group also upgraded the chlorine bypass system at its Berrima cement plant in New South Wales to support increased alternative fuel (AF) co-processing. Throughout 2022, Boral substituted 15% AF into its fuel mix.

Published in Global Cement News
Tagged under
  • Australia
  • Boral
  • Results
  • GCW594
  • Geelong Cement
  • grinding plant
  • Upgrade
  • Plant
  • Alternative Fuels

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