Brickworks Ltd
BKW: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$62.00 | Rzrvl | Gkhljrs |
Brickworks: Cyclical Outlook Leads to Impairment of Brickmaking Assets
Brickworks announced it will recognize an AUD 124 million aftertax noncash impairment in its fiscal 2024 results. This is due to a significant deterioration in building activity weighing on its brickmaking businesses in Australia and the US.