Boral’s stock plunged 2.9% on August 30, 2017. For FY17, the group has reported a 28% increase in underlying profit after tax before significant items to $343 million at the back of strong performance, with all three divisions (Boral Australia, USG Boral and Boral North America) contributing to the improvement. Further, lower net interest expense year-on-year helped boosting the profit. Earnings before interest and tax (EBIT) before significant items also jumped up 16% to $460 million. There was a 2% rise in sales revenue of $4.4 billion over FY16. This included eight weeks of revenue from the Headwaters acquisition and growth in underlying business.