BLD 0.83% $6.10 boral limited.

News: BLD Boral Signed Agreements With Mirvac In Relation To Donnybrook Property

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    May 28 (Reuters) - Boral Ltd (BLD) :

    • SIGNED AGREEMENTS WITH MIRVAC TO INCLUDE AN ADDITIONAL 278 HECTARES OF LAND IN DEVELOPMENT ARRANGEMENTS FOR DONNYBROOK PROPERTY
    • BORAL NOW EXPECTS PROPERTY EARNINGS TO BE AT HIGH END OF ITS GUIDANCE RANGE OF $55-$65 MILLION OF EBITDA FOR FY2018
    • BORAL-EXPECTS DONNYBROOK DEAL TO CONTRIBUTE $9 MILLION EBITDA IN FY2018, ABOUT $9-$14 MILLION/YEAR OF EBITDA THROUGH TO FY2021&AGAIN BETWEEN FY2025-FY2027
    • FURTHER SIGNIFICANT EARNINGS ARE EXPECTED FROM FY2028 TO FY2037
 
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