Shares in Boral Limited (ASX: BLD) were up 2.1% to $6.74 at the time of writing after the release of information for an investor presentation in Brisbane today.
Boral is a key supplier of materials to Australia's infrastructure, residential and commercial construction markets with a leading plasterboard business in Asia and the Middle East.
The Boral investor presentation maintained the company was on target to "deliver continued revenue growth and margin improvements" with a continued focus on cost savings and operational improvements.
Boral announced last week it would offload its Colorado Concrete and Quarries business for $170 million to reduce debt and has been in the news this week for a peripheral issue involving a Boral executive who alleges blackmail by a union boss.
Another key player in the building materials space also in the headlines at present is GWA Group Ltd (ASX: GWA), whose shares are down 2.9% to $3.63 at the time of writing following the announcement of the sale of its door and access systems business this week for $107 million.
CSR Limited (ASX: CSR) shares are faring better today – up 1.8% to $5.38 at the time of writing – with the company's FY18 results announced this month perhaps improving investor sentiment as the company booked NPAT increase of 16%, revenue up 6% and an EBIT rise of 9%.
