Business Context and Reporting Period
Company: James Hardie Industries SE (formerly James Hardie Industries Plc)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: Month of March 2012 (Filed March 19, 2012)
Principal Executive Offices: Dublin 2, Ireland
This filing serves as a cover document for the submission of various exhibits, including appendices and a roadshow presentation. It does not contain a standalone financial report or earnings release within the text provided.
Key Financial Metrics
The provided filing text does not contain specific financial data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
No material changes to financial performance or operations are detailed in the text of this filing. The document primarily lists exhibits submitted for the period.
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing includes a comprehensive Safe Harbor Statement identifying numerous risks that could cause actual results to differ from expectations. Key areas of uncertainty include:
- Asbestos Liabilities: Contributions to the Asbestos Injuries Compensation Fund (AICF), potential shortfalls, and related legal proceedings.
- Corporate Domicile: Risks associated with the transfer of the corporate domicile from The Netherlands to Ireland, including tax implications and employee relations.
- Market Conditions: Dependence on residential and commercial construction markets, housing values, and economic recovery.
- Operational Risks: Raw material costs, currency exchange rates, and potential plant closures.
- Legal and Regulatory: Proceedings by the Australian Securities and Investments Commission (ASIC) and environmental liabilities.
Exhibits: The filing references a "Roadshow presentation" dated March 6, 2012 (Exhibit 99.13), which likely contains management commentary and outlook, but the content of that presentation is not included in this text.
Investor Verification Checklist
- Review Exhibit 99.13 (Roadshow presentation) for specific financial guidance and management outlook not present in this cover letter.
- Verify the status of the Asbestos Injuries Compensation Fund (AICF) and any recent changes to contribution requirements.
- Monitor the impact of the corporate domicile transfer to Ireland on tax liabilities and governance.
- Check for updates on ASIC proceedings mentioned in the risk factors.
- Assess current housing market conditions in Australia and the US, given the company's dependence on construction activity.