Why things are looking up for James Hardie Industries plc shares

Shares in fibre cement producer James Hardie Industries plc (ASX: JHX) are up 0.8% to $22.80 after a couple of days of falls, off the back of an investor roadshow presentation.

The $9.99 billion market cap company retains its title as a world leader in fibre cement, with a 77% share of the North American market and 23% of the overall international market.

James Hardie reported annual net sales of US$2.1 billion, total assets of US$2.4 billion and strong operational cash generation.

The update reaffirmed the company’s focus on research and development, detailing US$27.8 million was spent on research and development in FY18, with US$521.7 million spent in the segment since 2000.

The report also included information on the company’s Fermacell acquisition, which has increased James Hardie’s presence in Europe by an additional 830 employees and 5 manufacturing facilities.

The building materials segment has been going well of late, with CSR Limited (ASX: CSR) shares up 2% to $5.08 at the time of writing and clay producer Brickworks Limited (ASX: BKW) also booking gains at $15.86 after 12 months of share price rises.

But a slowdown in the housing market could cause the sector to take a hit, and investors should be prudent in their approach to these stocks.

4 Stocks for Building Wealth After 50

Renowned investor Scott Phillips just released a brand-new report detailing his 4 favorite stocks to buy right now.

And I don’t know about you, but I always pay attention when some of the best investors in the world give me a stock tip.

This is your chance to get in at the very beginning of what could prove to be very special investments.

Click here to get started today!

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Brickworks. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!