Adelaide Brighton
Stock Code
Stock Exchange
Adelaide Brighton (ABC) is an Australian-based company engaged in the production and supply of lime products and other construction materials. ABC was listed on the Australian Stock Exchange on the 31st of May 1962. Its average annual revenue reaches approximately AUD$791 million. Its headquarters is located in Adelaide, Australia and to date; around 1300 people are employed in the company. Majority of the end-users of the products of Adelaide Brighton Ltd includes engineering construction, both residential and non-residential construction, steel production, mining and alumina.
Adelaide Brighton’s (ABC) net profit goes up by 6.1%. The company projected weakening levels of demand for cement during 2009 driven by the decline in commercial and residential construction activity across all markets. Revenue for the year to December 2008 rose 15.1% to $1.022 billion, although the company has warned the year ahead would be marked by tougher economic conditions with construction activity to decline by as much as 20%.
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