News Headline Summary

James Hardie Industries (JHX AT) H1 net USD 83.5mln, down 35%

- H1 dividend USD 0.05.
- Is to increase dividend payout ratio from FY14 onwards.
- Narrows range for FY earnings forecast.
- Sees FY earnings ex-items USD 140mln to USD 150mln.

Reaction details:

- Co. shares opened down 7.2% to AUD 8.32 in Sydney.

Print 22:39, 14 Nov 2012 - Asian News - Source: Newswires