News Articles for Brickworks

One of the state's major builders is critical of the industry's preoccupation with double brick homes, but says it is slowly changing.

Investment house Soul Patts will merge with Australia's biggest brickmaker to form a $14 billion diversified investment, property and building company.

Chris Ellison-founded Mineral Resources has announced that Malcolm Bundey will succeed outgoing chair James McClements from July 1.

BGC Australia and Brickworks have settled a legal dispute in which the latter accused the Len Buckeridge-founded group of predatory pricing.

Liv Declerck speaks with senior journalist Matt Mckenzie about her recent conversations with inductees to the WA Women's Hall of Fame.

The ASX-listed brick manufacturer is considering leaving the state as it posts a loss on its WA operations.

WA's largest residential builder is back on the market, three years after BGC postponed the sales process. The proceeds will flow to the children of company founder Len Buckeridge.

The state's second largest brick maker has reported a half yearly profit of $581 million but says its WA operations are a drag on performance.

Building products manufacturer Brickworks says sales revenue in its main Australian market has dropped 10 per cent in the four months to the end of May as a result of the coronavirus pandemic.

Brickworks' full-year profit slipped 11.9 per cent to $154.6 million, with the company highlighting its WA operations as a specific weak point.

FBR, formerly known as Fastbrick Robotics, has commenced a 50/50 joint venture with Brickworks, called Fastbrick Australia, to provide a ‘Wall as a Service' offering to the Australian market.

Construction robotics group FBR has signed a deal that lays the foundation to launch a joint venture with building products manufacturer Brickworks, to produce bricks optimised for use with its Hadrian X robot bricklaying system.

An improved result in Western Australia, despite challenging market conditions and continued falls in brick selling prices, has helped building materials company Brickworks boost underlying net profit to $223.7 million for the 2018 financial year.

Alternative construction materials are attracting more interest in WA.

Building materials company Brickworks said today its Western Australian division has returned to profit following a major restructuring, one month after competitor Boral said it recorded a break-even result in WA.

Industrial business Schaffer Corporation has sold its Urbanstone manufacturing subsidiary to Brickworks for $13.5 million.

Building products manufacturer Boral has been dented by the continued weak performance of its Western Australian operations, reporting lower underlying earnings and a $20 million asset impairment for its WA bricks business.

Brickworks has sold its Austral Bricks factory in Malaga for $19.2 million, a facility it formally put up for sale in April after it was shut down last year due to declining demand for residential building products in Western Australia.

Weakness in Western Australia's residential construction sector is throwing up significant challenges for building product manufacturers, weighing on the profits of ASX-listed outfits Brickworks and Boral.

Soaring gas prices on Australia's east coast are making manufacturing difficult or even impossible, the competition watchdog has warned, as a gas 'crisis' puts jobs in brickmaking and other industries at risk.

Brickworks managing director Lindsay Partridge says Western Australia remains an attractive market despite setbacks during the year, when it undertook a major restructure of its Austral Bricks WA and Auswest Timber businesses.

Building products maker Brickworks has confirmed it will close its Malaga manufacturing facility and showroom in the face of the decline in residential building activity in Western Australia.

Sydney company Brickworks is planning to introduce a revolutionary new technology to Western Australia it believes will cut the cost of manufacturing bricks by 30 per cent.

South Australia's push for renewable energy is an experiment worth watching for the other states.

Building products manufacturer Brickworks is gearing up to sell one of its Western Australian facilities, while also planning to restart its Cardup plant to maintain its production capacity in the state.

Building materials manufacturer Brickworks has disclosed that intense competition in the local market meant Western Australia was the only state where it was unable to lift prices for bricks during the past year.

Intense competition among the state's three major brick manufacturers means prices are lower now than they were six years ago, despite record levels of building activity.

Perth company Auswest Timbers is seeking to negotiate a secure long-term log supply in the South West with the state government so that it can proceed with the purchase of Gunns' mothballed timber

Higher gas prices and increased competition in WA, combined with land supply constraints nationally have eroded the performance of brick and tile manufacturer Brickworks.

BOOM times don't always result in booming profits.

Boom times don't always result in booming profits, just ask Brickworks Ltd - the east coast owner of the Austral, Bristile and Auswest Timbers brands - which revealed eroded margins in the first half of the financial year.

BRISTILE Limited shareholders who have held the faith were finally rewarded for their patience with a one-year TSR performance of 101 per cent for the year to June 30 2001.