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Outlook and Earnings Guidance
Based on our lower than expected second half volume results in both North America and APAC and restructuring charges incurred in the second half, management has lowered the fiscal year 2023 Adjusted Net Income guidance range. The updated 2023 Adjusted Net Income guidance range is US$600 million to US$620 million, changed from the prior range of US$650 million and US$710 million. The comparable prior year Adjusted Net Income for fiscal year 2022 was US$620.7 million.
James Hardie's guidance is based on current estimates and assumptions and is subject to several known and unknown uncertainties and risks.
Posted In: JHX
