Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)
Lithium
42.50
(2.03%)
Gold
2,679.40
0.6%
Copper
4.34
(1.37%)
Oil
71.04
(0.66%)
Bitcoin
66,317.43
0.38%
FTSE 100
8,249.28
(0.52%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,740.42
(1.16%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.3%)
Hang Seng
20,318.79
(3.46%)

Brickworks (ASX: $BKW) recognizes non-cash impairment charge in FY24 results

Brickworks Limited's non-cash impairment charge in FY24


Brickworks Limited (ASX:BKW) has announced the recognition of a non-cash impairment charge of $123.5 million in its FY24 full year results. The impairment pertains to Austral Masonry and Brickworks North America Cash Generating Units (CGUs) due to deteriorating building activity in Australia and a weakened outlook in North America. The company's full year results are subject to finalization, audit processes, and Board approval, and are set to be released on 26 September 2024.

Executive Commentary on Impairment Charge


The impairment charge reflects the challenging market conditions we have faced, particularly in the multi-residential building activity in Australia and the non-residential building outlook in North America. We have experienced a delay in realizing the full benefits from our investments and initiatives, and higher costs across the business have added to the challenges. Despite these headwinds, we remain committed to navigating through these difficulties and are focused on delivering long-term value to our shareholders.

Summary of Brickworks' FY24 Impairment Charge


Brickworks Limited has recognized a non-cash impairment charge of $123.5 million in its FY24 full year results, primarily attributed to the challenges in the multi-residential building activity in Australia and the weakened non-residential building outlook in North America. The company's full year results, subject to finalization and audit, are set to be released on 26 September 2024. Despite the current market challenges, Brickworks remains committed to delivering long-term value to its shareholders and navigating through the difficulties.

BRICKWORKS LIMITED
BKW | ASX | Materials
28.60(+0%)
At close 14/10 (AEDT)
Market cap
$4.4B
Volume
101,262
DY Yield
0.0234
PE Ratio
52 Week Range
24.3 - 31.37
1YR Return
N / A

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