Brickworks : Analyst Presentation and Notes HY Jan 2022

For personal use only

	Brickworks Limited
	ABN: 17 000 028 526
	738 - 780 Wallgrove Road,
	Horsley Park, NSW 2175
	PO Box 6550
	Wetherill Park, NSW 1851
	[phone]
24 March 2022	[e-mail]
	www.brickworks.com.au
Australian Securities Exchange
Attention: Companies Department
BY ELECTRONIC LODGEMENT

Dear Sir / Madam

Please find attached a presentation and additional comments to be presented to analysts today regarding Brickworks Limited's financial results for the half year ended 31 January 2022, for immediate release to the market.

This announcement has been authorised for release by the Brickworks Board of Directors.

Yours faithfully

BRICKWORKS LIMITED

Susan Leppinus

Company Secretary

onlyuse

personalGood Afternoon Ladies and Gentlemen and welcome to the Brickworks analyst briefing for the half year ended 31 January 2022.

For

onlyuseToday, I will start by providing an overview of our results for the first half, including a review of divisional performance.

personalRobert Bakewell, our Chief Financial Officer, will take you through the financials in more detail.

I will then return to discuss the outlook for Brickworks.

We will then be happy to take any questions at the conclusion of the presentation. For

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For personal use only

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onlyuseIt gives me pleasure to report that the Company has delivered another strong financial result, achieving record half-year earnings. Our statutory profit was $581

personalmillion, up 720% and our underlying profit was $330 million, up 269%.

The contribution from Property was again a standout, with strong demand for our prime industrial land driving a significant increase in the value of our portfolio.

WHSP's merger with Milton was completed during the period, and this resulted in a ignificant one-off profit to Brickworks.

Building Products Australia delivered a strong uplift in earnings, with a particularly pleasing performance from Austral Bricks.

In North America the completion of the IBC acquisition resulted in a significant increase in revenue. However, earnings were lower, with margins adversely impacted

Forby cost pressures across the supply chain and ongoing pandemic related issues.

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