Australia’s Brickworks Says Economic Turmoil Is Hurting U.S. Business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
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Source: WSJ
Impairment of U.S. Business: Australian building-materials supplier Brickworks has impaired the value of its U.S. business for the second time in six months, indicating a delayed recovery in sales due to rising construction costs from policy changes.
Decline in Revenue: The company's North America building products revenue fell by 13% year-over-year over the past six months, with trade tariffs and other factors negatively impacting demand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
