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Boral to benefit from infrastructure spend

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February 13, 2018

Building materials company Boral has lifted its half-year profit to $173 million.

Building materials company Boral has lifted its first-half profit by 12.8 per cent to $173 million after accounting for significant items including $41 million in integration costs for its Headwaters acquisition.

The company's revenue for the six months to December jumped 40.3 per cent to $2.94 billion, helped by the acquisition and strong growth at the Australian operations.

Boral will pay a 50-per cent franked interim dividend of 12.5 cents per share, up from a fully-franked 12 cents a year ago.

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