Robust Annual Performance: CSRs Growth and Safety Focus

CSR Limited (ASX: CSR) delivered a robust full-year performance in the financial year ending March 2024 (YEM24), marked by strong financial metrics and a commitment to safety. Despite the pending acquisition by Compagnie de Saint-Gobain, CSR refrained from declaring a final dividend. However, interim dividends were paid out.

The group's revenue reached AU$2.6 billion, with Building Products revenue at AU$1.9 billion, up by 3%. Notably, Building Products achieved a record EBIT of AU$294 million. CSR's safety initiatives showed progress, with 80% of sites reporting zero recordable injuries. Financially, NPAT increased by 7%, reaching AU$240.4 million. Additionally, the company maintained a disciplined approach to capital allocation and investment, with a net cash position of AU$138 million.

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